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This form is filed to report changes in beneficial ownership of securities as required by the Securities Exchange Act of 1934. It includes details about the reporting owner, the issuer, and the transactions
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Form 4 is a filing required by the Securities and Exchange Commission (SEC) for insiders of publicly traded companies to report their transactions involving the company's securities.
Individuals who are considered insiders, such as executive officers, directors, and shareholders owning more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, insiders must provide details such as their relation to the company, the date of the transaction, the amount of securities bought or sold, the price per share, and any other relevant information regarding the transaction.
The purpose of Form 4 is to promote transparency and prevent insider trading by ensuring that investors have access to information about securities transactions made by insiders.
Information that must be reported on Form 4 includes the insider's name, relationship to the company, transaction date, number of shares involved, price per share, and the nature of the transaction (whether it was a purchase or sale).
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