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This SEC Form 4 document reports changes in beneficial ownership for securities by reporting persons, including transaction details and ownership structure.
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SEC Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by company insiders to report changes in their ownership of the company's securities.
Individuals who are considered company insiders, including directors, executive officers, and beneficial owners of more than 10% of a company's stock, are required to file SEC Form 4.
SEC Form 4 must be filled out by providing details about the individual's relationship to the company, the types of securities involved, the number of shares bought or sold, the transaction dates, and the price at which the securities were traded.
The purpose of SEC Form 4 is to provide transparency regarding the trading activities of insiders in publicly traded companies to prevent insider trading and inform investors.
SEC Form 4 requires reporting the insider's name, relationship to the company, date of the transaction, number of shares bought or sold, the price per share, and the nature of the transaction.
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