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Form 4 filed with the SEC detailing beneficial ownership changes by Prahalad Murali for Maravai Lifesciences Holdings, Inc. on November 24, 2020.
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SEC Form 4 is a form that must be filed with the U.S. Securities and Exchange Commission (SEC) by insiders of a public company when they buy or sell shares of that company.
Individuals who are defined as insiders, including officers, directors, and beneficial owners of more than ten percent of a class of the company's equity securities, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide details about the transaction such as the date of the transaction, the number of shares bought or sold, the price at which the transaction occurred, and other relevant information. The form should be filed electronically through the SEC's EDGAR system.
The purpose of SEC Form 4 is to provide transparency in the buying and selling of securities by insiders, helping to prevent insider trading and to provide pertinent information to investors.
The report must include the insider's name, relationship to the company, transaction date, transaction type (purchase or sale), number of securities involved, and the price at which the securities were transacted.
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