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This form is used to report changes in beneficial ownership of securities under Section 16(a) of the Securities Exchange Act of 1934, detailing the reporting person\'s transactions and ownership interests.
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Form 4 is a document required by the U.S. Securities and Exchange Commission (SEC) that must be filed by insiders of publicly traded companies to report their ownership of company securities.
Corporate officers, directors, and certain shareholders who own 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 name, relationship to the company, transaction date, the type of security involved, and the amount of securities bought or sold. The form must be filed electronically with the SEC.
The purpose of Form 4 is to provide transparency in trading activities by insiders and to ensure that the public has access to information about transactions involving company securities.
Form 4 requires reporting of the insider's name, title, relationship to the issuer, transaction date, amount of securities involved, price per share, and type of transaction (purchase, sale, etc.).
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