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This document is a filing with the SEC that reports changes in beneficial ownership of securities by individuals or entities with a significant stake in a corporation. It is filed under Section 16(a) of the Securities Exchange Act of 1934 and includes details such as the reporting person\'s relationship to the issuer, transaction details, and ownership changes.
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Form 4 is a document used by corporations to report changes in the ownership of their securities by insiders, including officers and directors.
Insiders of a public company, such as executive officers, directors, and beneficial owners of more than 10% of the company's stock, are required to file Form 4.
To fill out Form 4, individuals need to provide details including their name, the issuer's name, the date of the transaction, the nature of the transaction, and the number of shares involved.
The purpose of Form 4 is to provide transparency regarding insider trading activities to the public and regulatory bodies, thereby ensuring fair trading practices.
Form 4 must report information such as the insider's name, transaction date, number of shares acquired or disposed of, price per share, and the nature of the transaction.
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