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Discover SEC Form 4 filing for Vestis Corp detailing changes in beneficial ownership for 2024, crucial for compliance with SEC regulations.
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SEC Form 4 is a form used to report changes in ownership of securities by insiders of a company, such as executives, directors, and significant shareholders.
Individuals who are considered insiders of a company, including officers, directors, and any shareholders who own more than 10% of a company's shares, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide details about the transaction, including the date of the transaction, the amount of securities purchased or sold, the price, and the owner's relationship to the company.
The purpose of SEC Form 4 is to provide transparency and inform the public about the buying and selling of securities by company insiders, helping prevent insider trading and promoting fair market practices.
Information that must be reported on SEC Form 4 includes the names of the insider and the issuer, the transaction date, transaction type (buy or sell), the number of shares involved, the price of shares, and any other necessary details.
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