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This form is used to report changes in beneficial ownership of securities as required by Section 16(a) of the Securities Exchange Act of 1934. It includes details about the reporting person, the issuer, and the nature of transactions involving securities.
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Form 4 is a document used by company insiders to report their trading activity in the company's securities to the Securities and Exchange Commission (SEC).
Form 4 must be filed by company insiders, which include directors, officers, and beneficial owners of more than 10% of a class of a company's equity securities.
To fill out Form 4, insiders must provide information about their transaction including the date of the transaction, the number of shares bought or sold, the price, and the ownership status after the transaction.
The purpose of Form 4 is to ensure transparency in securities transactions by company insiders and to provide the public with information about their trading activities.
Form 4 requires the reporting of information such as the insider's name, the transaction date, the amount of securities bought or sold, the price, and the ownership status before and after the transaction.
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