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Re: browland1 post# 3887

Wednesday, 01/28/2015 3:14:24 PM

Wednesday, January 28, 2015 3:14:24 PM

Post# of 14445
WRONG. There are a number of forms these officers and investors must file. When a company first issues stock, the CEO must file what's called a Form 3. This document describes the officer's ownership stake and is available at the SEC's website at www.sec.gov.

More importantly, over time a CEO may buy or sell the company's stock. These changes in ownership must be disclosed on what's called a Form 4. These documents must be filed within two business days of the transactions. The Form 4, also available from the SEC's website, is the document that's most important since they contain most of the major transactions reported to the SEC.
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