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This form is used to report changes in beneficial ownership of securities by directors, officers, and ten percent owners of a reporting company, pursuant to 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 document used by officers, directors, and beneficial owners of a company's equity securities to report their trades of the company's stocks or derivatives.
Officers, directors, and beneficial owners of more than 10% of a company's equity securities are required to file Form 4.
To fill out Form 4, individuals must provide details of the transaction, including date of the transaction, type of security, number of shares bought or sold, and the price at which the transaction occurred, along with their personal information.
The purpose of Form 4 is to ensure transparency in the trading activities of corporate insiders and to provide the public with information about their transactions in the company's securities.
Form 4 must report the date of the transaction, the type of transaction (buy/sell), number of shares, price per share, the relationship of the filer to the issuer, and any other relevant details.
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