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Review the SEC Form 3 highlighting the initial statement of beneficial ownership of securities by Wexford Capital LLC and its affiliates filed in 2007.
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SEC Form 3 is a document that must be filed with the Securities and Exchange Commission (SEC) by insiders of a company to report their ownership of the company's securities.
Individuals who are deemed insiders of a company, such as executive officers, directors, and beneficial owners of more than 10% of a company's equity securities, are required to file SEC Form 3.
To fill out SEC Form 3, insiders need to provide their name, the name of the issuer, their relationship to the issuer, and details regarding their beneficial ownership of securities, including the number of shares owned and the date the shares were acquired.
The purpose of SEC Form 3 is to ensure transparency in the securities market by requiring insiders to disclose their ownership interests, which helps prevent insider trading and promote public confidence in the market.
On SEC Form 3, insiders must report their name, the issuer's name, their relationship to the issuer, the title of the securities, the number of shares owned, and any other relevant information regarding their holdings.
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