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This form is required for reporting changes in beneficial ownership of securities by reporting individuals, as per Section 16(a) of the Securities Exchange Act of 1934. It includes information about the owner, the issuer, and transactions involving securities.
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What is form 4?
Form 4 is a document required by the Securities and Exchange Commission (SEC) for reporting the purchase or sale of equity securities by corporate insiders.
Who is required to file form 4?
Corporate insiders, including officers, directors, and beneficial owners of more than 10% of a company's equity securities, are required to file Form 4.
How to fill out form 4?
To fill out Form 4, insiders must provide information such as their name, transaction date, the number of shares bought or sold, price per share, and the ownership form (direct or indirect). The form must be completed and filed electronically through the SEC's EDGAR system.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency in the trading activities of corporate insiders, allowing investors to monitor insider transactions and assess potential influences on a company's stock price.
What information must be reported on form 4?
Form 4 must report the insider's name, the relationship to the company, transaction date, amount of securities bought or sold, price, and the type of ownership (direct or indirect). Additionally, it may include the nature of the transaction.
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