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What is 4?

Form 4 is a document that insiders of publicly traded companies must file with the Securities and Exchange Commission (SEC) whenever they buy or sell shares of their company's stock.

Who is required to file 4?

Individuals classified as insiders, such as corporate officers, directors, and beneficial owners of more than 10% of a company's equity securities are required to file Form 4.

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What is the purpose of 4?

The purpose of Form 4 is to provide transparency in the trading activities of company insiders, thus preventing insider trading and protecting investors.

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Form 4 must report information such as the insider's name, relationship to the company, date of the transaction, type of transaction (purchase or sale), number of shares involved, and the price per share.

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