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This document details the changes in beneficial ownership of securities for Lighter Stuart, a Director and 10% Owner at Hall of Fame Resort & Entertainment Co as of June 7, 2023.
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What is form 4?
Form 4 is a regulatory form used by the U.S. Securities and Exchange Commission (SEC) for reporting transactions in the company's securities by officers, directors, and beneficial owners of more than 10% of a class of the company's equity.
Who is required to file form 4?
Officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities are required to file Form 4 whenever they buy or sell shares of the company's stock.
How to fill out form 4?
To fill out Form 4, the filer must provide details including their name, relationship to the issuer, transaction date, transaction type, number of shares involved, price, and how the transaction was executed. Detailed instructions are available on the SEC's website.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency in the trading activities of corporate insiders, thus helping to prevent insider trading and ensuring that investors have access to important information regarding who is buying and selling company stock.
What information must be reported on form 4?
Form 4 must report the name of the reporting person, their relationship to the issuer, the date of the transaction, the transaction type (buy/sell), number of shares, price per share, and nature of the ownership (direct/indirect).
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