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This document is a filing with the SEC that reports changes in the beneficial ownership of securities by reporting individuals. It details the transactions regarding acquisition or disposition of shares, including pertinent information about the reporting owner and issuer.
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Form 4 is a document that is used by insiders of publicly traded companies to report their ownership changes in the company's stock. This form is filed with the Securities and Exchange Commission (SEC).
Form 4 must be filed by corporate insiders, including directors, officers, and anyone who owns more than 10% of a class of the company's equity securities.
To fill out Form 4, insiders must provide details of their ownership changes including the date of the transaction, the amount of securities involved, and the nature of the transaction. It must be completed accurately and submitted electronically through the SEC's EDGAR system.
The purpose of Form 4 is to provide transparency regarding the buying and selling of securities by corporate insiders, thereby informing investors and the public about changes in ownership that may affect stock prices.
Form 4 requires information such as the name of the insider, the relationship to the company, the date of the transaction, the amount of shares bought or sold, and the price of the transactions.
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