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Learn about SEC Form 4, used for reporting changes in beneficial ownership, including details on transactions and relationships with Cromwell Therapeutics Corp.
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SEC Form 4 is a document required by the Securities and Exchange Commission (SEC) in the United States that must be filed by insiders (such as executives and directors) of publicly traded companies to report their transactions in the company's securities.
Insiders of publicly traded companies, including officers, directors, and any beneficial owners of more than 10% of a 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 name of the issuer, the date of the transaction, the number of shares bought or sold, the price at which the transaction occurred, and the type of transaction (e.g., purchase or sale).
The purpose of SEC Form 4 is to provide transparency and inform the public and regulators about insider trading activities, helping to prevent insider trading and maintain market integrity.
The information that must be reported on SEC Form 4 includes the insider's name, the issuer's name, the date of the transaction, the type of security involved, the number of shares or units acquired or disposed of, the price, and the nature of the transaction.
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