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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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Who needs adtran inc form 4?

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Individuals who are required to disclose their transactions in Adtran Inc stock, such as directors, officers, and certain employees.

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Adtran Inc Form 4 is a report that must be filed with the SEC whenever an insider of the company buys or sells shares. It is used to disclose the ownership changes of corporate insiders.
Corporate insiders, including executive officers, directors, and shareholders owning more than 10% of the company's stock, are required to file Form 4.
Form 4 must be filled out by providing details such as the name of the insider, their relationship to the company, the date of the transaction, and the number of shares bought or sold. It should be submitted electronically through the SEC's EDGAR system.
The purpose of Form 4 is to provide transparency and inform investors about the trading activity of company insiders, helping to prevent insider trading and maintain fair market conditions.
Form 4 requires reporting of the transaction date, ownership level before and after the transaction, nature of the ownership (direct or indirect), and the transaction details, including types of securities involved.
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