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This document reports the changes in beneficial ownership of securities by a reporting owner, specifically detailing transactions related to the sale or acquisition of shares for Bob Evans Farms Inc.
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Form 4 is a document required by the U.S. Securities and Exchange Commission (SEC) used to report changes in ownership of a company's securities by its insiders, such as executives and directors.
Individuals who are considered insiders of a public company, including officers, directors, and large shareholders (typically those owning more than 10% of the company's stock), are required to file Form 4.
To fill out Form 4, insiders need to provide details including their name, relationship to the issuer, the date of the transaction, the amount of securities involved, transaction price, and any ownership changes. It must be filed electronically with the SEC.
The purpose of Form 4 is to provide transparency regarding the trading activities of a company's insiders, helping to inform investors about insider transactions that may impact stock prices or investor decisions.
Form 4 requires reporting information such as the insider's name, the company's name, the date of the transaction, transaction type (buy/sell), the number of shares involved, price per share, and the insider’s total holdings after the transaction.
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