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This document details the changes in beneficial ownership of securities filed by Donald S. Ames, specifically outlining the transactions related to Alliance Financial Corporation. It includes information about the reporting owner, issuer, transaction details, and the filing process under Section 16(a) of the Securities Exchange Act of 1934.
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Form 4 is a regulatory filing that reports changes in ownership of securities by insiders of a publicly traded company.
Corporate insiders, including executives, directors, and major shareholders, are required to file Form 4 when they buy or sell shares of their company's stock.
To fill out Form 4, insiders need to provide information such as their name, title, relationship to the issuer, and details about the transaction including the number of shares bought or sold, the price, and the date of the transaction.
The purpose of Form 4 is to promote transparency by informing the public and regulators about insider trading activity, allowing for monitoring of potential conflicts of interest.
Form 4 must report the insider's name, their relationship to the company, the number of shares involved, the nature of the transaction (purchase or sale), the date of the transaction, and the price per share.
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