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This document reports the initial statement of beneficial ownership of securities filed by Charles Martin O\'Brien on June 25, 2020, for Professional Diversity Network, Inc.
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Form 3 is a financial disclosure form filed with the Securities and Exchange Commission (SEC) by insiders of a publicly traded company, typically to report their ownership of the company's securities.
Form 3 must be filed by company insiders, including directors, officers, and any beneficial owners of more than 10% of a class of the company's securities.
To fill out Form 3, insiders must provide their name, address, and the details of the securities they own, including the type and amount. The form must be completed accurately and signed by the filer.
The purpose of Form 3 is to provide transparency regarding the equity ownership of insiders in a company, helping to prevent insider trading and protect investors.
Form 3 requires reporting of the insider's name, relationship to the company, the date of the event that triggered the filing, and detailed information about the securities owned, including the amount and nature of ownership.
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