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This document is a filing to the United States Securities and Exchange Commission (SEC) reporting changes in beneficial ownership of securities as mandated by Section 16(a) of the Securities Exchange Act of 1934. It includes details about transactions, the reporting person, and the securities involved.
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report the purchase or sale of securities by corporate insiders, including officers, directors, and shareholders who own more than 10% of a company's stock.
Corporate insiders, which include officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, one must provide information such as the name of the issuer, the insider's title, the transaction date, the type of transaction, the number of securities involved, the price, and the ownership form. It is important to follow the SEC's guidelines for accurate completion.
The purpose of Form 4 is to promote transparency and prevent insider trading by requiring insiders to disclose their transactions in a timely manner.
Form 4 must report the insider's name, title, transaction date, nature of the transaction (purchase, sale, etc.), the number of securities involved, the price per share, and the ownership after the transaction.
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