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This document is a statement reporting changes in the beneficial ownership of securities pursuant to Section 16(a) of the Securities Exchange Act of 1934. It includes information about the reporting owner, issuer, transaction details, and nature of ownership.
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Form 4 is a document required by the Securities and Exchange Commission (SEC) for reporting changes in ownership of securities by insiders, such as executives and board members of a public company.
Form 4 must be filed by insiders of a public company, including officers, directors, and beneficial owners of more than 10% of a company's stock.
To fill out Form 4, insiders must provide their personal information, details of the transaction, the date of the transaction, the number of shares acquired or disposed of, and the price per share.
The purpose of Form 4 is to ensure transparency in the trading activities of corporate insiders, allowing investors to gain insights into the actions of those with significant influence over the company.
Form 4 requires reporting information such as the insider’s name, relationship to the company, transaction dates, number of shares traded, transaction amounts, and any other relevant details associated with the securities transactions.
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