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This SEC Form 4 reports beneficial ownership changes for Vests Corp, including stock acquisition details by Timothy Donovan on September 30, 2023.
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SEC Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report changes in the ownership of a company's securities by its insiders, such as officers, directors, and beneficial owners.
Insiders of a company, including officers, directors, and shareholders who own more than 10% of the company's equity securities, are required to file SEC Form 4.
SEC Form 4 can be filled out by providing information such as the name of the reporting person, the relationship to the issuer, transaction date, amount of securities acquired or disposed of, and the price per share. It can be submitted online through the SEC's EDGAR system.
The purpose of SEC Form 4 is to provide transparency regarding insider trading activities, ensuring that the public is informed of changes in ownership that could affect the company's stock price.
Information that must be reported includes the names of the insiders, their relationship to the company, the types of securities involved, the transaction dates, and the number of shares bought or sold.
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