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This SEC Form 3 is an Initial Statement of Beneficial Ownership filed by Brian Neel for Maravai LifeSciences Holdings, Inc. on 11/19/2020.
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SEC Form 3 is a filing required by the U.S. Securities and Exchange Commission (SEC) for reporting the ownership of securities by insiders, which includes executives, directors, and shareholders owning over 10% of a company's equity.
Individuals who are considered insiders of a publicly traded company, such as officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities, are required to file SEC Form 3.
SEC Form 3 is filled out by providing specific details about the insider, including their name, address, the issuer's name, the security details, the amount of securities owned, and the date of the transaction. This information is submitted electronically through the SEC's EDGAR system.
The purpose of SEC Form 3 is to disclose the ownership of securities by corporate insiders, ensuring transparency and helping to prevent insider trading by informing the public about who owns shares in a company.
SEC Form 3 must report the name of the insider, their relationship to the company, the title of the security, the number of shares owned, the date of acquisition, and any nature of ownership (direct or indirect).
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