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This SEC Form 4 outlines changes in beneficial ownership as per Section 16 of the Securities Exchange Act. Filed by Jason C Jones on 06/15/2023.
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SEC Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by insiders of a company to report changes in their ownership of the company's securities.
Insiders of a company, including executive officers, directors, and shareholders owning more than 10% of the company's stock, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide details about their ownership changes, including the date of the transaction, the amount of securities bought or sold, and the price per share. This information is typically submitted electronically through the SEC's EDGAR system.
The purpose of SEC Form 4 is to provide transparency and enable investors to be aware of the trading activities of insiders, thereby promoting fair and informed trading in the securities market.
SEC Form 4 must report the insider's name, relationship to the company, the date of the transaction, the nature of the transaction (purchase, sale, etc.), the number of securities involved, and the price at which the transaction was conducted.
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