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This SEC Form 4 outlines the changes in beneficial ownership of securities for Marathi Biosciences Holdings, Inc. filed in January 2024.
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SEC Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report the purchase or sale of securities by company insiders, including executives and directors.
Individuals who are considered insiders of a company, such as officers, directors, and beneficial owners of more than 10% of a registered class of the company's equity securities, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide information such as their name, relationship to the issuer, the date of the transaction, the amount of securities involved, the price at which the securities were bought or sold, and any other relevant details associated with the transaction.
The purpose of SEC Form 4 is to provide transparency in the trading activities of corporate insiders, ensuring that such transactions are disclosed to the public to prevent insider trading and maintain market integrity.
SEC Form 4 must report information including the insider's name, title, relationship to the company, date of transaction, description of the securities, number of shares involved, price per share, and whether the transaction was a purchase or a sale.
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