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Accurate filing of SEC Form 4 reporting changes in beneficial ownership for Maravai LifeSciences Holdings, Inc. including critical transactions as of July 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 ownership of a company's securities by its insiders, such as officers, directors, and significant shareholders.
Individuals classified as insiders, which include executive officers, directors, and shareholders with more than 10% ownership in a company's equity securities, 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 number of securities involved, the type of security (such as stock or option), the price per security, and the ownership form (direct or indirect).
The purpose of SEC Form 4 is to increase transparency in securities transactions by requiring insiders to report their trades in a timely manner, thereby informing the public and other investors of any potential conflicts of interest or market manipulation.
The information that must be reported on SEC Form 4 includes the insider's name, relationship to the issuer, transaction date, type of security, quantity of securities acquired or disposed of, price, and ownership forms (direct or indirect).
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