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This form is a formal request for customers of Niagara Mohawk Power Corporation to become a Direct Customer under the Retail Access Program, allowing them to purchase energy and capacity independently without the involvement of an Energy Service Company (ESCo). It includes information requirements, compliance acknowledgments, and legal binding agreements.
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What is form 4?
Form 4 is a filing required by the Securities and Exchange Commission (SEC) that reports changes in the ownership of equity securities by insiders of a company, such as executives and directors.
Who is required to file form 4?
Insiders of a company, including executive officers, directors, and shareholders owning more than 10% of a company's equity securities, are required to file Form 4.
How to fill out form 4?
Form 4 can be filled out online through the SEC's EDGAR database. It requires details such as the insider's name, relationship to the company, and the transaction details including the date of the transaction, the number of shares involved, and the price per share.
What is the purpose of form 4?
The purpose of Form 4 is to provide the SEC and the public with timely information about changes in ownership of a company's securities by insiders, promoting transparency in trading activities.
What information must be reported on form 4?
Form 4 must report information including the insider's name, their relationship to the company, transaction date, shares acquired or disposed of, price per share, and the total shares owned following the transaction.
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