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This SEC Form 4 outlines changes in beneficial ownership for filings regarding securities transactions in 2023. Essential for compliance under Section 16(a).
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What is sec form 4?
SEC Form 4 is a document used by insiders of a company to report their trades in the company's securities. It is required under Section 16(a) of the Securities Exchange Act of 1934.
Who is required to file sec form 4?
Individuals classified as insiders, including officers, directors, and 10% shareholders of a company, are required to file SEC Form 4.
How to fill out sec form 4?
To fill out SEC Form 4, insiders must provide information about the transaction date, the type of transaction, the amount of securities purchased or sold, the price, and the beneficial ownership of the securities.
What is the purpose of sec form 4?
The purpose of SEC Form 4 is to provide transparency about insider trading activities and to inform the public about the buying and selling of company securities by insiders.
What information must be reported on sec form 4?
SEC Form 4 requires reporting of the insider's name, the relationship to the company, the date of the transaction, the nature of the transaction (buy or sell), the number of shares involved, the price, and any changes in beneficial ownership.
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