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This form is required for reporting changes in beneficial ownership of securities as mandated by Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act
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What is form 4?
Form 4 is a document filed with the Securities and Exchange Commission (SEC) by insiders of a publicly traded company to report their trades and ownership changes in the company's securities.
Who is required to file form 4?
Insiders of a publicly traded company, including officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file Form 4 to disclose their transactions in the company's securities.
How to fill out form 4?
To fill out Form 4, insiders must provide information such as their name, relationship to the company, details of the transaction (including the date, type, and amount of securities bought or sold), and any changes in ownership. They must ensure that all sections of the form are completed accurately and submitted within two business days of the transaction.
What is the purpose of form 4?
The purpose of Form 4 is to promote transparency in the securities market by ensuring that investors are informed about the trading activities of company insiders, which can provide insights into the company's performance and future prospects.
What information must be reported on form 4?
Form 4 must report information such as the insider's name, relationship to the company, the date of the transaction, the transaction type (purchase or sale), the amount of securities involved, the price per share, and any changes in ownership.
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