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This form is a statement of changes in beneficial ownership filed pursuant to various acts of securities regulation, detailing the transactions made by reporting individuals, including acquisition
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Form 4 is a report filed by insiders of publicly traded companies to disclose their trades in the company's securities.
Insiders of publicly traded companies, such as executives, directors, and beneficial owners of more than 10% of a class of equity securities are required to file Form 4.
To fill out Form 4, insiders must provide details about the transaction including the type of security, the transaction date, the number of shares bought or sold, and their ownership status after the trade.
The purpose of Form 4 is to provide transparency and inform the public about insider trading activities in order to prevent securities fraud and promote fair trading.
The information that must be reported includes the insider's name, relationship to the issuer, date of the transaction, type of transaction (purchase/sale), number of shares involved, and the price at which the transaction occurred.
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