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O(GNALRECEfVEDFonn 3STAT): OF ILLINOISILLINOIS COMMERCE COMMISSION Petition for permission to make a major change in crossing protection, or to install new protection under 92 Illinois Administrative
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Form 3 is a document used for reporting the ownership and transactions of securities by insiders in a corporation, typically required by the Securities and Exchange Commission (SEC).
Persons who are considered insiders of a company, such as officers, directors, and any individuals who own more than 10% of the company's shares, are required to file Form 3.
Form 3 can be filled out by providing pertinent information about the insider’s holdings, including the name of the insider, the company, the relationship to the company, and details regarding the securities owned.
The purpose of Form 3 is to provide transparency and prevent insider trading by disclosing the initial ownership of securities held by corporate insiders.
Information reported on Form 3 includes the insider's name, relationship to the company, the title of securities, number of shares owned, and the date of the reporting.
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