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This SEC Form 4 details the changes in beneficial ownership of securities for Debbie F. Propst at MillerKnoll, Inc., filed on July 18, 2024.
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Form 4 is a document used by insiders of publicly traded companies to report their trades in the company's securities to the Securities and Exchange Commission (SEC).
Insiders of companies, such as officers, directors, and significant shareholders who own more than 10% of a company's stock, are required to file Form 4 when they buy or sell shares of their company's stock.
To fill out Form 4, insiders must provide specific information including their name, relationship to the issuer, the amount of securities bought or sold, the date of the transaction, and any other relevant details. The form must be submitted electronically through the SEC's EDGAR system.
The purpose of Form 4 is to ensure transparency in the trading activities of company insiders, which helps to prevent insider trading and keeps the investing public informed about potential changes in ownership and possible motivations behind those trades.
Form 4 must report the insider's name, relationship to the company, the type of transaction (purchase or sale), the number of shares involved, the price of the transaction, the date of the transaction, and any other relevant information.
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