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Form 4 filed with the SEC detailing changes in beneficial ownership of securities by Charles N. Hays sen, Director of Clearfield, Inc. on 02/12/2013.
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Form 4 is a filing required by the Securities and Exchange Commission (SEC) for insiders of publicly traded companies to report their ownership of the company's securities.
Form 4 must be filed by executives, directors, and other insiders of publicly traded companies who buy or sell shares in their own companies.
To fill out Form 4, insiders need to provide details about the transaction, including the date, type of transaction (buy or sell), number of shares involved, and the price of the transaction.
The purpose of Form 4 is to provide transparency in the trading activities of company insiders and to ensure that investors are informed about changes in ownership by these key individuals.
Form 4 must report the insider's name, relationship to the company, transaction date, type of transaction, number of shares bought or sold, and the price at which the transaction occurred.
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