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This document is a filing with the SEC that reports changes in beneficial ownership of securities by a reporting person, specifically Travis L. Counts, who serves as the Chief Administrative Officer of Civitas Resources, Inc. The report details transactions involving common stock and performance shares, along with the nature of ownership.
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Form 4 is a document filed with the Securities and Exchange Commission (SEC) by insiders of publicly traded companies to report their ownership of the company's securities.
Insiders of publicly traded companies, such as officers, directors, and significant shareholders, are required to file Form 4 to report changes in their ownership of the company's securities.
To fill out Form 4, insiders must provide details such as their name, relation to the company, the date of the transaction, the amount of securities involved, and the price per share, among other required information.
The purpose of Form 4 is to provide transparency regarding insider trading activities and to ensure that investors have access to information about the buying or selling of a company's securities by its insiders.
Form 4 must report information including the name of the insider, their relationship to the company, the date of the transaction, the number of shares bought or sold, the price per share, and the total amount of securities held after the transaction.
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