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This form is used to report changes in the beneficial ownership of securities, as required by Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by insiders of publicly traded companies to report their transactions in the company's securities.
Insiders of publicly traded companies, including executive officers, directors, and significant shareholders who own more than 10% of a company's stock, are required to file Form 4.
Form 4 should be filled out by providing information about the insider, the transaction, the date of the transaction, the number of shares involved, and the price at which the shares were bought or sold. It must be submitted electronically through the SEC's EDGAR system.
The purpose of Form 4 is to provide transparency regarding insider trading and to inform the public and investors about the trading activities of insiders.
Form 4 must report the insider's name, relationship to the company, transaction date, number of shares bought or sold, price per share, and any changes in ownership, including the total amount owned after the transaction.
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