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This form is used to report the initial statement of beneficial ownership of securities by officers, directors, and beneficial owners of more than 10% of a class of equity securities of a company.
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How to fill out sec form 3

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How to fill out sec form 3

01
Visit the SEC website and access the Form 3.
02
Provide your name and the name of the issuer of the securities.
03
Fill in your relationship to the issuer (e.g., officer, director, or beneficial owner).
04
Enter the date on which the securities were acquired.
05
Include the type of securities (e.g., common stock, options).
06
Indicate the amount of securities owned, including any options.
07
Review all information for accuracy.
08
Sign and date the form.
09
Submit the completed form electronically via the EDGAR system.

Who needs sec form 3?

01
Corporate officers and directors of publicly traded companies.
02
Beneficial owners of more than 10% of a class of equity securities.
03
Anyone with a reporting obligation under Section 16 of the Securities Exchange Act.
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SEC Form 3 is a form used by the U.S. Securities and Exchange Commission (SEC) for insiders of public companies to report their ownership of the company's securities.
Individuals required to file SEC Form 3 include corporate officers, directors, and any beneficial owners of more than 10% of a company's equity securities.
SEC Form 3 must be filled out by providing details such as the insider's relationship to the company, the number of shares owned, and the date of the transaction. It can be submitted electronically through the SEC's EDGAR system.
The purpose of SEC Form 3 is to provide transparency and inform the public about the ownership and transactions of insiders in public companies, thus promoting accountability and reducing the potential for insider trading.
The information that must be reported on SEC Form 3 includes the insider's name, title, relationship to the company, the number of securities owned, and the nature of the ownership (direct or indirect).
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