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This SEC Form 4 details the statement of changes in beneficial ownership for Vests Corporation, involving securities transactions filed on January 4, 2024.
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SEC Form 4 is a form that must be filed with the Securities and Exchange Commission (SEC) by insiders—such as executives, directors, and certain employees—after they buy or sell shares in their company.
Insiders of a company, including officers, directors, and shareholders who own more than 10% of a 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 the insider's name, the relationship to the company, the securities involved, transaction dates, and the amount and price of the securities bought or sold.
The purpose of SEC Form 4 is to provide transparency regarding insider trading activities and to inform the public about changes in the ownership of company shares by insiders.
Information that must be reported on SEC Form 4 includes the insider's name, position, transaction date, type of transaction (buy/sell), the number of securities involved, the price per share, and any ownership changes.
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