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This SEC Form 4 outlines changes in beneficial ownership, filed under Section 16(a) of the Securities Exchange Act of 1934 for Vestis Corp. It details securities transactions for the year 2024.
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What is sec form 4?
SEC Form 4 is a document that must be filed with the U.S. Securities and Exchange Commission (SEC) to report changes in beneficial ownership of equity securities by insiders of the company, such as officers, directors, and significant shareholders.
Who is required to file sec form 4?
Individuals who are considered insiders of a company, meaning its officers, directors, and holders of more than 10% of its equity securities, are required to file SEC Form 4.
How to fill out sec form 4?
To fill out SEC Form 4, insiders must provide information including their name, the name of the issuer, the date of the transaction, the type of security involved, the number of shares acquired or disposed of, and the price at which the transaction occurred.
What is the purpose of sec form 4?
The purpose of SEC Form 4 is to provide transparency and ensure that investors and the public have access to information about the buying and selling of a company's securities by its insiders, helping to prevent insider trading.
What information must be reported on sec form 4?
SEC Form 4 requires reporting of the insider's name, relationship to the issuer, transaction date, transaction type (acquisition or disposition), the number of securities involved, the price, and any changes in ownership.
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