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This Form 4 details securities ownership changes of Todd Brighton for Red Robin Gourmet Burgers Inc in June 2011, enhancing transparency in financial reporting.
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Form 4 is a document filed with the Securities and Exchange Commission (SEC) that is used by insiders of a company to report their ownership and changes in ownership of the company's securities.
Insiders of a company, including executive officers, directors, and any beneficial owners of more than 10% of a company's voting stock, are required to file Form 4.
To fill out Form 4, insiders must provide details such as their name, relationship to the issuer, transaction dates, amount of securities transferred, price per share, and any applicable ownership changes. The form must be filed electronically through the EDGAR system.
The purpose of Form 4 is to provide transparency in the trading activities of company insiders, allowing investors to have insight into insiders' buying and selling of securities.
Form 4 must report information including the insider's name, relationship to the company, transaction date, amount and type of securities involved, and the price at which the securities were bought or sold.
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