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This form is used to report changes in beneficial ownership of securities as required by Section 16(a) of the Securities Exchange Act of 1934. It includes information about the reporting person, the
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Form 4 is a regulatory filing used by the U.S. Securities and Exchange Commission (SEC) for reporting changes in ownership of securities by corporate insiders.
Corporate insiders, including officers, directors, and certain shareholders who own more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, insiders must provide details such as their name, the name of the issuer, the date of the transaction, the amount of securities involved, and the price at which the securities were bought or sold.
The purpose of Form 4 is to provide transparency in the securities market by disclosing insider trading activities, thereby helping to prevent insider trading and conflicts of interest.
Form 4 requires reporting of information such as the insider's name, title, relationship to the issuer, the transaction date, number of shares acquired or disposed, price per share, and nature of ownership (direct or indirect).
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