378165813 : SEC Form 4 is a document required by the U.S. Securities and Exchange Commission (SEC) under Section 16(a) of the Securities Exchange Act of 1934. It is used by corporate insiders—such as officers, directors, and beneficial owners of more than 10% of a company’s stock—to report changes in their ownership of the company’s securities.
Key Points:
• Who files it? Officers, directors, and large shareholders (10% or more).
• When to file? Within two business days of the transaction.
• What does it report? Changes in stock ownership, such as purchases, sales, or stock options exercised.
• Why is it important? Helps maintain transparency in insider trading and prevents market manipulation.
Let me know if you need a breakdown of the form itself!