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This document reports the changes in beneficial ownership of securities by reporting persons, filed in accordance with Section 16(a) of the Securities Exchange Act.
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SEC Form 4 is a document required by the Securities and Exchange Commission (SEC) that must be filed by insiders of a company to report their transactions in the company's stock or other securities.
Insiders, including officers, directors, and beneficial owners of more than 10% of a registered class of the company's equity securities, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide information including their name, relationship to the issuer, the date of the transaction, the number of securities involved, the price at which they were bought or sold, and the ownership form of the securities.
The purpose of SEC Form 4 is to provide transparency in the financial markets by enabling the public to see the securities transactions of company insiders, which can indicate their confidence or concerns about the company's future.
SEC Form 4 requires the reporting of the insider's name, relationship to the company, date of the transaction, number of securities purchased or sold, price per share, and the nature of the ownership (direct or indirect).
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