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This form is used to report changes in beneficial ownership of securities held by corporate insiders, such as directors and executives, as required by Section 16 of the Securities Exchange Act of 1934. It includes details about transactions involving both direct and indirect ownership of securities.
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SEC Form 4 is a form required by the Securities and Exchange Commission (SEC) for reporting changes in the ownership of securities by insiders of a public company.
Individuals classified as 'insiders,' including officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide information on the security transaction, including the insider's name, the transaction date, type of transaction (buy/sell), number of shares bought or sold, and the price per share.
The purpose of SEC Form 4 is to provide transparency regarding the buying and selling of company stock by its insiders, thereby informing investors about potential conflicts of interest.
Information reported on SEC Form 4 must include the insider's name, relationship to the company, transaction date, quantity of securities involved, nature of the transaction, and the price at which the securities were bought or sold.
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