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This SEC Form 4 details beneficial ownership changes for Vests Corp (VESTS) by Timothy Donovan, effective February 10, 2024, enhancing transparency in securities transactions.
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SEC Form 4 is a document that insiders of publicly traded companies must file with the Securities and Exchange Commission to report changes in their ownership of the company's stock and derivatives.
Insiders, including officers, directors, and certain shareholders (those owning more than 10% of a company's stock), 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 type of transaction (purchase or sale), and the amount of securities involved.
The purpose of SEC Form 4 is to provide transparency regarding insider transactions, allowing investors to see how insiders are buying or selling shares in their companies.
SEC Form 4 must report the insider's name, relationship to the company, transaction date, type of transaction, number of shares bought or sold, price per share, and the total number of shares owned afterward.
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