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What is 5UNITEDSTATESSECURITIESANDEXCHANGECOMMISSIONOMB APPROVAL Form?

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Form 5 is a filing with the United States Securities and Exchange Commission (SEC) that reports securities transactions by insiders of a company. It is used to disclose transactions that have occurred outside of the normal reporting period.
Insiders of a company, including officers, directors, and beneficial owners of more than 10% of a class of equity securities, are required to file Form 5 to report their transactions in the company's securities.
To fill out Form 5, insiders must provide information including their name, address, position, and the details of the transactions, such as dates, prices, and amounts of securities involved. The form must be signed and dated before submission.
The purpose of Form 5 is to promote transparency in the securities market by requiring insiders to disclose their transactions, helping to prevent insider trading and promote fair trading practices.
Form 5 requires reporting of all securities transactions of insiders that were not previously reported on Form 4, including the date of the transaction, number of shares, price, and the nature of the ownership of the securities.
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