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This form reports the changes in beneficial ownership of securities, specifically detailing transactions involving the acquisition or disposition of securities by a reporting owner. It includes information about the reporting person, the issuer, the transaction date, and the specific details of the securities involved, including the type and amount.
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What is form 4?
Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by officers, directors, and beneficial owners of a company's equity securities to report changes in their ownership.
Who is required to file form 4?
Officers, directors, and beneficial owners of more than 10% of a company's equity securities are required to file Form 4 whenever there is a change in their ownership.
How to fill out form 4?
To fill out Form 4, individuals must provide their personal information, information about the company, details of the transaction, and the number of securities involved. The form can typically be filled out electronically through the SEC's EDGAR system.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency and inform the public about changes in the ownership of a company's securities by its insiders, promoting accountability.
What information must be reported on form 4?
Form 4 must report the individual's name, relation to the company, date of the transaction, number of shares bought or sold, and the price at which the transaction occurred.
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