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OMB APPROVAL OMB Number: 32350287 Estimated average burden hours per response... 0.5FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by insiders of publicly traded companies to report changes in their ownership of the company's securities.
Insiders of publicly traded companies, including executive officers, directors, and holders of more than 10% of a company's stock, are required to file Form 4.
Form 4 must be completed by providing details such as the name of the insider, their relationship to the company, the date of the transaction, the number of shares involved, and the price per share.
The purpose of Form 4 is to provide transparency and keep the investing public informed about changes in insider ownership, which can affect stock prices and investor decisions.
Information such as the insider's name, relationship to the company, dates of transactions, number of shares bought or sold, transaction price, and the nature of the transaction must be reported.
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