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This form is used to report changes in the beneficial ownership of securities by reporting persons as required by Section 16 of the Securities Exchange Act of 1934 or Section 30(h) of the Investment
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Form 4 is a document used by corporate insiders to report their ownership of company securities and any changes in that ownership. It is filed with the U.S. Securities and Exchange Commission (SEC).
Corporate insiders, including officers, directors, and beneficial owners of more than 10% of a company's equity securities, are required to file Form 4 when they buy or sell shares.
Form 4 can be filled out online through the SEC's EDGAR system or manually using paper forms. Required sections include details of the reporting person's identity, reportable transactions, and the nature of the ownership.
The purpose of Form 4 is to provide transparency to the public regarding changes in ownership of a company's securities by insiders, thus helping to prevent insider trading and maintain market integrity.
Form 4 must report the reporting person's name, relationship to the company, transaction date, title of the security, number of shares bought or sold, price, and the underlying ownership.
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