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This form is used to report changes in beneficial ownership of securities, filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. It includes details about the reporting owner, issuer,
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Form 4 is a document required by the Securities and Exchange Commission (SEC) for insiders of public companies to report their buying and selling of company stock.
Insiders, which typically include officers, directors, and major shareholders (those owning more than 10% of a company's stock), are required to file Form 4.
Form 4 should be filled out by providing details about the transaction date, the transaction type (purchase or sale), the number of shares involved, and the ownership form. The form can be submitted electronically through the SEC's EDGAR system.
The purpose of Form 4 is to increase transparency in the stock market by requiring insiders to disclose their trading activities, thereby helping investors make informed decisions.
Form 4 must report information such as the insider's name, relationship to the company, transaction date, transaction type (buy/sell), number of shares traded, price per share, and the total value of the transaction.
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