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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).STATEMENT
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Obtain the necessary forms from the issuing company or brokerage firm.
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Investors who want to have ownership in a company but do not require voting rights typically opt for Class B common stock.
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Founders, executives, and employees of a company may also be issued Class B common stock as part of their compensation or incentive package.
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Class B common stock is a type of equity security that typically has different voting rights or dividend policies when compared to Class A common stock. It is often issued to founders or insiders of a company, granted more voting power relative to their economic stake.
Companies that issue Class B common stock must file relevant information with the Securities and Exchange Commission (SEC) and other regulatory bodies, usually including publicly traded companies.
Filling out documentation for Class B common stock generally involves providing details about the stockholder, the number of shares, and any pertinent company information as specified in required filings with the SEC or in corporate records.
The purpose of Class B common stock is often to enable founders and key insiders to maintain control over company decisions through superior voting rights while still raising capital from outside investors.
Companies must report the number of shares of Class B common stock outstanding, the rights associated with these shares, ownership by individuals or entities, and any transfers of ownership or changes affecting these shares.
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