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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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Form 4 is a document required by the SEC for insiders of publicly traded companies to report their transactions in the company’s stock.
Insiders, including officers, directors, and large shareholders (typically those owning more than 10% of a company's stock), are required to file Form 4.
To fill out Form 4, insiders must provide details about their transactions including the date of the transaction, the amount of security, price, and the nature of the transaction (purchase, sale, etc.).
The purpose of Form 4 is to ensure transparency in trading activities of insiders to prevent insider trading and provide investors with timely information.
Form 4 must report the insider’s name, the transaction date, the number of shares bought or sold, the price per share, and the nature of the ownership (direct or indirect).
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