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This Form 4 details beneficial ownership changes for Bryan Ray Collins at Parker Drilling Co as of March 26, 2019, following bankruptcy reorganization.
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What is form 4?
Form 4 is a regulatory filing used by insiders of publicly traded companies to report their ownership of the company's securities and any changes in that ownership.
Who is required to file form 4?
Individuals classified as insiders, including officers, directors, and shareholders owning more than 10% of a company's voting securities, are required to file Form 4.
How to fill out form 4?
Form 4 must be filled out by providing details such as the name of the reporting person, their relationship to the company, the transaction date, the amount of securities acquired or disposed of, and the price per share.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency and disclosure of insider trading activities to the public, helping to prevent insider trading and maintain fair market practices.
What information must be reported on form 4?
Form 4 requires reporting the insider's name, their relation to the company, transaction dates, types of transactions (acquisition or disposition), number of shares, price per share, and any other relevant details.
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