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This document details the Statement of Changes in Beneficial Ownership for Vestis Corp as filed under Section 16 of the Securities Exchange Act of 1934 on 10/02/2023.
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SEC Form 4 is a form that must be filed with the Securities and Exchange Commission (SEC) to report changes in ownership of beneficial securities by corporate insiders.
Corporate officers, directors, and beneficial owners of more than 10% of a registered class of equity securities are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide details including their name, the relationship to the company, the date of the transaction, the transaction type, and the number of securities involved.
The purpose of SEC Form 4 is to provide transparency in the buying and selling of securities by insiders, allowing investors to be aware of significant transactions that may affect the stock price.
Information that must be reported on SEC Form 4 includes the insider's name, relation to the issuer, transaction date, transaction type (purchase or sale), number of shares, and price per share.
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