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This form is filed by individuals or entities reporting changes in their beneficial ownership of securities, as required under Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940. It includes details about the reporting person, the issuer, the nature of transactions involving securities, and the beneficial ownership following these transactions.
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Form 4 is a document that certain individuals, including corporate insiders, are required to file with the Securities and Exchange Commission (SEC) to report transactions in their company's securities.
Form 4 must be filed by corporate insiders, including executive officers, directors, and significant shareholders owning more than 10% of a company's stock.
To fill out Form 4, individuals must provide information about their relationship to the company, the transactions occurring (such as buying or selling shares), the date of the transaction, the amount of securities involved, and the price per share.
The purpose of Form 4 is to provide transparency and inform the public and investors about insider trading activities and any changes in beneficial ownership of a company's stock.
Form 4 requires the reporting of the insider's name, the date of the transaction, the nature of the transaction (buying, selling, etc.), the amount of securities involved, the price per security, and the ownership status after the transaction.
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