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This document details changes in beneficial ownership of Akers Biosciences Inc securities filed by Raymond Francis Akers Jr. on January 5, 2016.
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What is form 4?
Form 4 is a document used by certain insiders of a publicly traded company to report their own trading activities concerning the company's securities.
Who is required to file form 4?
Insiders of a company, such as officers, directors, and certain shareholders, are required to file Form 4 when they buy or sell shares of the company's stock.
How to fill out form 4?
To fill out Form 4, insiders must provide information including their name, relationship to the company, date of the transaction, the amount of securities bought or sold, and the price at which the transaction occurred.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency in the securities trading of company insiders to help prevent insider trading and to inform investors about the trading activities of those with access to nonpublic information.
What information must be reported on form 4?
Form 4 must report information such as the insider's name, the name of the issuer, relationship to the issuer, transaction date, nature of the transaction (buy or sell), amount of securities and price per share.
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