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This document reports the changes in beneficial ownership of securities, specifically focusing on the automatic reinvestment of dividends into shares of TowneBank\'s common stock as per the Dividend Reinvestment Plan. It tracks transactions and disclosures required under the Securities Exchange Act of 1934.
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How to fill out form 4 - fdic

01
Obtain Form 4 from the FDIC website or your local FDIC office.
02
Fill in your personal information, including your name, address, and contact details.
03
Provide details about the financial institution you are associated with.
04
Specify the reason for submitting Form 4.
05
Review the form for accuracy and completeness.
06
Sign and date the form.
07
Submit the completed form to the appropriate FDIC office or online portal.

Who needs form 4 - fdic?

01
Individuals applying to become officers or directors of a financial institution.
02
Individuals seeking to acquire control of a financial institution.
03
Existing bank executives undergoing changes that require disclosure to the FDIC.
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Form 4 is a regulatory filing required by the Federal Deposit Insurance Corporation (FDIC) that reports changes in the ownership of a bank's securities.
Individuals who are insiders of a bank holding company, such as executive officers, directors, and principal shareholders, are required to file Form 4.
To fill out Form 4, an individual must provide information about their transactions involving the bank's securities, including the type of transaction, the date, and the amount involved.
The purpose of Form 4 is to ensure transparency and compliance in the reporting of insider trading activities and to provide information to regulators and investors.
Form 4 requires reporting details such as the insider's name, the relationship to the bank, transaction details including date, type (purchase/sale), and the number of securities involved.
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