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This document is a FORM 4 filing that details beneficial ownership changes for William Crager of Envestnet, Inc. in 2016, providing insights into transactions involving common stock.
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Form 4 is a document filed with the Securities and Exchange Commission (SEC) in the United States by insiders of publicly traded companies to report their trades in the company's securities.
Form 4 must be filed by company insiders, including officers, directors, and beneficial owners of more than 10% of a company's equity securities.
To fill out Form 4, insiders must provide details about their transactions in the company's securities, including the date of the transaction, the amount bought or sold, the transaction price, and their ownership structure before and after the transaction.
The purpose of Form 4 is to provide transparency and regulatory oversight by disclosing the trading activities of corporate insiders to the public, which helps to prevent insider trading.
Form 4 requires reporting the insider's name, relationship to the issuer, date of the transaction, number of shares bought or sold, the price per share, and the total amount of securities beneficially owned after the change.
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