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This SEC Form 4 details the changes in beneficial ownership for securities per the Securities Exchange Act of 1934, filed by Calvin S. Koonce in 2023.
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SEC Form 4 is a document used by insiders of a company to report changes in their ownership of the company's securities.
Insiders, which include executive officers, directors, and beneficial owners of more than 10% of a registered class of the company's equity securities, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide details such as their name, the relationship to the issuer, transaction dates, the number of securities involved, and the nature of the ownership.
The purpose of SEC Form 4 is to ensure transparency in the trading activities of company insiders and to provide investors with a window into insider transactions.
Information that must be reported on SEC Form 4 includes the insider's details, relationship to the company, transaction date, type of transaction (e.g., purchase, sale), and the number of securities involved.
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