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This form is used to report the changes in beneficial ownership of securities, as required by Section 16(a) of the Securities Exchange Act of 1934.
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by corporate insiders to report their trades in company securities.
Persons who are considered corporate insiders, such as officers, directors, and shareholders owning more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, you must provide details including your name, relationship to the company, the transaction date, type of security, number of shares acquired or disposed of, and the price at which the transaction occurred.
The purpose of Form 4 is to provide transparency and keep the public informed about insider trading activities, helping to prevent insider trading abuses.
Form 4 must report information such as the insider's name, their relationship to the company, the transaction date, nature of the transaction, amount of securities involved, and the price per share.
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