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This form is used to report changes in beneficial ownership of securities, as required by the Securities Exchange Act of 1934 and related legislation. It details the identity of the reporting person,
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by certain corporate insiders to report their trades in the company's stock.
Corporate insiders such as officers, directors, and large shareholders who own more than 10% of a company's stock are required to file Form 4.
Form 4 can be completed by providing required information on the SEC's EDGAR online filing system or by submitting a paper form. The filer must include details such as the name of the insider, the relationship to the company, transaction dates, number of shares, and price per share.
The purpose of Form 4 is to provide transparency regarding insider transactions to the public and to the SEC, ensuring that insider trading is disclosed promptly.
Form 4 requires reporting information including the insider's name, their relationship to the company, the date of the transaction, the type of transaction (purchase or sale), the amount of securities involved, and the price at which the transaction occurred.
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