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This SEC Form 4 details changes in beneficial ownership for Nile Therapeutics, Inc., filed by David M. Taken, providing transaction history for securities in 2008.
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What is sec form 4?
SEC Form 4 is a document that must be filed with the U.S. Securities and Exchange Commission (SEC) when a company's insiders, such as executives and directors, buy or sell shares in their own company.
Who is required to file sec form 4?
Insiders of a public company, including officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities are required to file Form 4.
How to fill out sec form 4?
To fill out SEC Form 4, insiders must provide details about their ownership interest, including the number of shares bought or sold, the date of the transaction, the price per share, and the nature of the transaction. It must be signed and submitted electronically through the SEC's EDGAR system.
What is the purpose of sec form 4?
The purpose of SEC Form 4 is to provide transparency regarding the trading activities of company insiders, allowing investors to monitor insider transactions and assess potential market impact.
What information must be reported on sec form 4?
SEC Form 4 must report the name of the insider, the relationship to the company, the date of the transaction, the amount of securities involved, the price at which the transaction occurred, and whether the transaction was an acquisition or disposition.
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