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This SEC Form 4 reports beneficial ownership changes, including acquisitions and dispositions of securities by officers, directors, and significant shareholders in 2023.
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SEC Form 4 is a document that insiders of a publicly traded company must file with the Securities and Exchange Commission (SEC) to report changes in their ownership of the company's stock.
Individuals classified as 'insiders,' which include officers, directors, and beneficial owners of more than 10% of a company's shares, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide details such as their name, relationship to the company, transaction date, stock ownership before and after the transaction, and the nature of the transaction.
The purpose of SEC Form 4 is to promote transparency by ensuring that the transactions of company insiders are publicly disclosed, thereby helping to prevent insider trading.
Information required on SEC Form 4 includes the insider's name, relationship to the company, transaction date, securities involved, transaction type, and the amount of securities owned after the transaction.
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