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This Form 4 details the changes in beneficial ownership of securities, filed under Section 16(a) of the Securities Exchange Act of 1934 for 2024.
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Form 4 is a filing required by the U.S. Securities and Exchange Commission (SEC) for the reporting of transactions in securities by insiders of a company.
Form 4 must be filed by corporate insiders, such as officers, directors, and significant shareholders who own more than 10% of a company's equity securities.
To fill out Form 4, individuals must provide their personal information, details of the transaction including date, nature of the transaction, and the number of shares involved, and then submit it electronically to the SEC through their EDGAR system.
The purpose of Form 4 is to provide transparency in the trading activities of corporate insiders, helping to prevent insider trading and ensuring that the investors have access to material information.
Form 4 requires reporting of the insider's name, relationship to the company, date of the transaction, type of transaction (buy/sell), number of shares involved, and the price per share.
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