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This document is a filing with the Securities and Exchange Commission (SEC) that reports changes in the beneficial ownership of securities by a reporting person, which is required under Section 16 of the Securities Exchange Act of 1934. It includes details about transactions involving both non-derivative and derivative securities.
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Form 4 is a regulatory document required by the Securities and Exchange Commission (SEC) for insiders of publicly traded companies to report their trades in the company's stock.
Individuals categorized as insiders, which typically include officers, directors, and beneficial owners of more than 10% of a company's securities, are required to file Form 4.
To fill out Form 4, insiders must provide information including their name, relationship to the issuer, the date of the transaction, the amount and price of the securities bought or sold, and whether the transaction was a purchase or sale.
The purpose of Form 4 is to increase transparency in the securities market by requiring insiders to disclose their trading activities to help investors make informed decisions.
Form 4 must report the name of the insider, their relationship to the company, the date of the transaction, the number of securities bought or sold, the price per security, and the nature of the transaction.
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