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This SEC Form 4 details changes in beneficial ownership of securities by reporting persons, filed under Section 16 of the Securities Exchange Act.
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What is sec form 4?
SEC Form 4 is a form that must be filed with the Securities and Exchange Commission (SEC) to report changes in the holdings of company insiders, including officers, directors, and beneficial owners.
Who is required to file sec form 4?
Company insiders, such as officers, directors, and beneficial owners of more than 10% of a company's equity securities are required to file SEC Form 4.
How to fill out sec form 4?
To fill out SEC Form 4, insiders must provide personal details, the name of the issuer, the date of the transaction, the number of securities involved, the price, and any changes in their ownership.
What is the purpose of sec form 4?
The purpose of SEC Form 4 is to provide transparency and public disclosure regarding the trading activities of company insiders, helping to prevent insider trading.
What information must be reported on sec form 4?
Form 4 must report the insider's name, relationship to the issuer, date of transaction, quantity of securities bought or sold, price per share, and the ownership balance after the transaction.
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