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This document details beneficial ownership changes for securities by Theodore T. Wang as required by SEC regulations, including pertinent transaction details.
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report changes in ownership of securities by certain individuals, typically corporate insiders.
Individuals who are deemed to be corporate insiders, such as officers, directors, and beneficial owners of more than 10% of a registered class of equity securities, are required to file Form 4.
Form 4 must be filled out by providing details such as the name of the reporting person, relationship to the issuer, the date of the transaction, the amount of securities owned, and the type of transaction, whether it's a purchase, sale, or other actions involving ownership.
The purpose of Form 4 is to ensure transparency in the securities markets by disclosing the ownership changes of insiders, which can impact investment decisions.
Form 4 requires reporting information including the name of the reporting person, their relationship to the issuer, transaction dates, the amount of securities bought or sold, and the price at which the transactions occurred.
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