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Detailed report of changes in beneficial ownership of securities, filed with the SEC for transactions occurring on December 5-9, 2019.
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Form 4 is a document filed with the Securities and Exchange Commission (SEC) that is used by corporate insiders to report the purchase or sale of their company's securities.
Individuals who are considered insiders of a company, including executive officers, directors, and large shareholders (over 10% ownership) are required to file Form 4.
Form 4 must be completed by providing details such as the insider's name, relationship to the company, the date of the transaction, the amount of securities bought or sold, and the transaction price. It can be filed electronically via the SEC's EDGAR system.
The purpose of Form 4 is to provide transparency regarding insiders' trading activities, ensuring that the investing public is informed about the buying and selling of securities by those who have access to non-public information.
Form 4 requires reporting of the insider's name, relationship to the company, date of the transaction, type of transaction (buy/sell), the number of shares involved, price per share, and the ownership after the transaction.
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