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This SEC Form 4 outlines the changes in ownership of securities by Edwin H. Morgans for Programmers Paradise Inc. Filed on 04/22/2005.
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What is form 4?
Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report purchases and sales of securities by insiders of a publicly traded company.
Who is required to file form 4?
Individuals who are considered insiders, such as officers, directors, and significant shareholders (typically those owning 10% or more of a company's stock), are required to file Form 4.
How to fill out form 4?
Form 4 can be filled out electronically through the SEC's EDGAR system, providing details about the insider's transactions, including the date of the transaction, amount of shares bought or sold, and the price per share.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency and prevent insider trading by requiring timely disclosure of the securities transactions made by insiders of the company.
What information must be reported on form 4?
Form 4 must report the insider's name, relationship to the company, transaction dates, number of shares bought or sold, price per share, and the nature of the transaction.
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