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Learn about SEC Form 4 detailing changes in beneficial ownership for LIGHTBRIDGE Corp in 2024, filed by Andrey Mushakov, Director and EVP.
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What is sec form 4?
SEC Form 4 is a form that must be filed with the Securities and Exchange Commission (SEC) to report changes in beneficial ownership of securities by insiders of the company, such as officers, directors, and shareholders owning more than 10% of a class of equity securities.
Who is required to file sec form 4?
Individuals who are considered insiders of a company, including its officers, directors, and any shareholders who own more than 10% of a company’s equity securities, are required to file SEC Form 4.
How to fill out sec form 4?
To fill out SEC Form 4, the filer must provide details about the reporting person's relationship to the issuer, the date of the transaction, the amount of securities involved, the price of the transaction, and any change in ownership. The form must be signed and filed electronically via the SEC's EDGAR system.
What is the purpose of sec form 4?
The purpose of SEC Form 4 is to provide transparency regarding insider transactions in a company's securities, helping to prevent insider trading and ensuring that investors have access to relevant information.
What information must be reported on sec form 4?
SEC Form 4 requires reporting of the reporting person's name, relationship to the issuer, the date of the transaction, the type of security, the amount of securities bought or sold, and the price at which the securities were bought or sold.
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