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This SEC Form 4 details the statement of changes in beneficial ownership for Vestis Corp, filed by Timothy Donovan, reflecting equity securities transactions as of January 2024.
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SEC Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by insiders of a company to report their transactions involving the company's equity securities.
Individuals who are considered insiders, such as officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file SEC Form 4.
To fill out SEC Form 4, insiders need to provide details regarding the ownership of the securities, the nature of the transaction, the date of the transaction, the amount of securities involved, and other relevant information, ensuring accuracy and completeness.
The purpose of SEC Form 4 is to provide transparency and to inform the public about the buying and selling of a company's shares by its insiders, helping to prevent insider trading.
The information that must be reported on SEC Form 4 includes the insider's name, relationship to the company, the date of the transaction, the nature of the transaction, the number of shares involved, the price, and any other relevant details.
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