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This document is a filing with the SEC detailing changes in beneficial ownership of securities by reporting person Brendan P. Teehan at Acadia Pharmaceuticals Inc. The report includes information on acquisitions and disposals of common stock and restricted stock units.
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Form 4 is a document that insiders of publicly traded companies must file with the Securities and Exchange Commission (SEC) to report their transactions in the company's securities.
Form 4 must be filed by company insiders, which include officers, directors, and beneficial owners of more than 10% of a company's stock.
To fill out Form 4, insiders must provide details about the transaction, including the date, type of security, number of shares bought or sold, and price per share, along with their personal information and signatures.
The purpose of Form 4 is to provide transparency in the securities market by disclosing insider transactions, which helps investors make informed decisions.
On Form 4, the insider must report information such as the date of the transaction, the type of security involved, the amount of securities bought or sold, the price at which the transaction occurred, and the insider's ownership before and after the transaction.
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