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OMB APPROVAL OMB Number: 32350287 Estimated average burden hours per response... 0.5FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction
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Form 4 is a document required by the Securities and Exchange Commission (SEC) used to report changes in ownership of a company's securities by its insiders, such as executives and directors.
Insiders of a company, including executive officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities, are required to file Form 4.
To fill out Form 4, insiders must provide specific information including their name, the name of the issuer, transaction details (date, nature, price), and the amount of securities owned before and after the transaction.
The purpose of Form 4 is to provide transparency in the ownership and trading of a company's stock by its insiders, helping investors make informed decisions.
Information that must be reported includes the insider's full name, the number of shares bought or sold, the date of the transaction, the price per share, and the ownership details before and after the transaction.
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