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This document serves as the Form 4 Statement of Changes in Beneficial Ownership, filed pursuant to Section 16(a) of the Securities Exchange Act of 1934.
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by corporate insiders, such as officers, directors, and beneficial owners of more than 10% of a class of equity security to report their ownership and changes in ownership of the company's securities.
Corporate insiders, including officers, directors, and beneficial owners of more than 10% of a class of equity security, are required to file Form 4.
To fill out Form 4, insiders must provide information regarding their transactions involving the company's securities, including dates, amounts, prices, and the type of transaction. This form can be filed electronically through the SEC's EDGAR system.
The purpose of Form 4 is to provide transparency and prevent insider trading by requiring corporate insiders to disclose their trades in the company's securities.
Form 4 must report the insider's name, relationship to the company, the date of the transaction, the amount of securities bought or sold, the price at which the transaction occurred, and any other relevant details regarding the ownership change.
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