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This form is required for reporting changes in beneficial ownership of securities according to Section 16(a) of the Securities Exchange Act of 1934. It includes details about the reporting person, issuer, transaction dates, and types of securities involved.
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Form 4 is a document used in the United States to report securities transactions made by corporate insiders, including officers and directors of public companies.
Corporate insiders, such as executive officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, insiders must provide information regarding their transactions, including details about the securities bought or sold, the transaction date, and the amount involved. The form is typically filed electronically with the SEC.
The purpose of Form 4 is to promote transparency in the trading activities of corporate insiders and to ensure that investors are aware of potential conflicts of interest.
Form 4 must report the insider's name, relationship to the issuer, the date of the transaction, the title and quantity of the securities, the price, and the nature of the transaction (e.g., purchase or sale).
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