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This SEC Form 4 reports changes in beneficial ownership by insiders, detailing transactions made on January 3, 2024, by Lee Francis Wichlacz.
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SEC Form 4 is a form that insiders of publicly traded companies must file with the U.S. Securities and Exchange Commission (SEC) to report transactions in their company's securities.
Insiders, including directors, officers, and large shareholders (holding more than 10% of a company's stock), are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide details about the transaction, including the date of the transaction, the type of security involved, the amount of securities bought or sold, and the price at which the transaction occurred.
The purpose of SEC Form 4 is to ensure transparency and provide the public with information about insider trading activities in order to prevent fraud and promote market fairness.
Information that must be reported on SEC Form 4 includes the insider's name, the relationship to the company, the date of the transaction, number of shares bought or sold, price per share, and the type of transaction.
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