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This document outlines beneficial ownership transactions filed under SEC Form 4 by David M. Tanen for Nile Therapeutics, Inc. in 2009.
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What is sec form 4?
SEC Form 4 is a filing required by the Securities and Exchange Commission (SEC) for reporting changes in ownership of securities by insiders of a company, such as executive officers, directors, and beneficial owners of more than 10% of a registered class of a company's equity securities.
Who is required to file sec form 4?
Individuals required to file SEC Form 4 include executive officers, members of the board of directors, and beneficial owners who own more than 10% of a company's equity securities.
How to fill out sec form 4?
To fill out SEC Form 4, one must provide details such as the date of the transaction, the name of the issuer, the relationship to the issuer, the title of the security, transaction type (purchase, sale, etc.), and the number of shares involved. Additionally, the filer must include their signature and the date of signing.
What is the purpose of sec form 4?
The purpose of SEC Form 4 is to provide transparency and inform the public about insider transactions in a company’s securities, thereby promoting accountability and preventing insider trading.
What information must be reported on sec form 4?
The information required on SEC Form 4 includes the transaction date, the name of the issuer, the relationship of the filer to the issuer, the security title, the transaction type, the number of shares bought or sold, and the price at which the transaction occurred.
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