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This document is a filing with the SEC that reports changes in the beneficial ownership of securities for a reporting person, including details on transactions involving acquisition and disposition of securities. It specifically outlines the ownership changes for Stanley C. Erck, Director of Novavax Inc, during the reporting period.
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Form 4 is a filing requirement under the Securities Exchange Act of 1934 that is used to report changes in ownership of securities by corporate insiders.
Corporate insiders, such as officers, directors, and certain beneficial owners of a company, are required to file Form 4 to report any changes in their ownership of the company's securities.
To fill out Form 4, the filer must provide details such as their name, the company's name, the date of the transaction, the type of security involved, the number of shares bought or sold, and the amount of ownership before and after the transaction.
The purpose of Form 4 is to provide transparency regarding the trading activities of corporate insiders and to ensure that investors have access to important information that might affect their investment decisions.
Form 4 must report the insider's name, relationship to the issuer, the date of the transaction, the amount of securities bought or sold, the price at which the transaction occurred, and the total number of securities owned after the transaction.
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