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This document reports changes in beneficial ownership of securities by Michael Wager, Chief Strategy Officer at Myrna Technologies Inc., filed under Section 16(a).
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Form 4 is a regulatory filing used by insiders of public companies to report their ownership of the company's securities and any transactions they engage in regarding those securities.
Individuals classified as insiders, which include directors, officers, and significant shareholders (typically those owning more than 10% of the company's stock) are required to file Form 4.
Form 4 must be completed by providing the reporting person's information, details of the securities transactions, and the date of the transaction. The form can be filed electronically through the SEC's EDGAR system.
The purpose of Form 4 is to provide transparency regarding the trading activities of insiders, allowing investors to see potential changes in ownership and to maintain confidence in the integrity of the financial markets.
The information that must be reported on Form 4 includes the insider's name, relationship to the company, number of shares acquired or disposed of, the price of the transaction, and the date of the transaction.
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