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This document serves as a statement required under Section 16(a) of the Securities Exchange Act of 1934, detailing changes in ownership of securities by reporting persons.
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Form 4 is a document used by insiders of publicly traded companies to report their holdings and transactions of the company's securities.
Insiders, including officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file Form 4 with the SEC.
To fill out Form 4, insiders must provide details about their trades, including the type of security, transaction dates, price, and the number of shares involved.
The purpose of Form 4 is to increase transparency in the trading activities of company insiders and to provide investors with information about potential conflicts of interest.
Form 4 requires the reporting of transaction dates, type of transaction, price per share, number of shares bought or sold, and any change in ownership.
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