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This form is used to report beneficial ownership of securities by individuals who are insiders of an issuer, as required under Section 16(a) of the Securities Exchange Act of 1934.
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What is form 3?
Form 3 is a financial reporting document used to disclose certain information by insiders of a publicly traded company, typically required when they have purchased or sold shares.
Who is required to file form 3?
Individuals who are considered insiders of a company, such as officers, directors, and major shareholders, are required to file Form 3.
How to fill out form 3?
To fill out Form 3, insiders must provide information including their name, the company name, their relationship to the company, and details of their securities ownership.
What is the purpose of form 3?
The purpose of Form 3 is to promote transparency and inform the public about the insider's ownership in the company, thereby preventing insider trading.
What information must be reported on form 3?
Form 3 must report the insider's name, the company name, their relationship to the company, and the number of shares owned, including any options or convertible securities.
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