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This document details Nor Gerardo Laity\'s beneficial ownership changes in Verbs Residential, Inc. including Phantom Stock Units and securities transactions.
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What is form 4?
Form 4 is a document required by the Securities and Exchange Commission (SEC) for reporting changes in ownership of a company's securities by its insiders, such as executives or directors.
Who is required to file form 4?
Form 4 must be filed by company insiders, including executive officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities.
How to fill out form 4?
To fill out Form 4, insiders should provide their name, relationship to the company, the date of the transaction, the type of security being traded, the transaction amount, and any changes in ownership.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency and prevent insider trading by disclosing the trading activities of company insiders to the public.
What information must be reported on form 4?
Form 4 must report details such as the insider's name, relationship to the company, date of the transaction, number of shares bought or sold, price per share, and any change in ownership.
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