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OMB APPROVAL OMB Number: 32350287 Estimated average burden hours per response... 0.5FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction
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Form 4 is a document required by the SEC for reporting insider trading activities, specifically when corporate insiders buy or sell shares of their company's stock.
Corporate officers, directors, and beneficial owners of more than 10% of a class of company equity securities are required to file Form 4.
Form 4 requires the filer to provide details such as the name of the filer, the relationship to the issuer, transaction dates, the amount of securities involved, and any necessary exemptions for the transaction.
The purpose of Form 4 is to provide transparency regarding insider trading by disclosing the buying and selling activities of corporate insiders.
The form must include the insider's name, position, transaction dates, the number of shares bought or sold, transaction price, and any applicable exemptions.
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