![](https://investorshub.advfn.com/uicon/354233.png?cb=1516217837)
Friday, March 09, 2018 2:21:55 PM
A form 4 is strictly for insider trading, as in, if an officer of the company were to increase his share holdings.
A share repurchase program is NOT considered insider trading because it doesn't increase officers count on shares. Therefore, a form 4 is not required.
What is required is for the company to disclose in the next quarterly report.
Please see my previous posts, or this FAQ link. The reason you have a Form 4 in mind is because someone has been spreading mis-information as a tactic to bring the price down or is severely mis-informed on the requirements. I have already read Rule 10b-18 and know it by heart, and can confidently tell you whats true. If you don't believe me, check out the link but for the love of god, lets break this silly "Form 4" requirement BS. The tactic was "hey guys, see, there is no form 4 so no buyback is occurring so you should sell".
http://media.mofo.com/files/uploads/Images/FAQ-Rule-10b-18-Stock-Repurchases.pdf
What are the reporting requirements for issuer stock
repurchases?
Regulation S-K and Forms 10-Q, 10-K and 20-F (for
foreign private issuers) require quarterly periodic
disclosure for all issuer repurchases of equity securities.
This disclosure is required regardless of whether the
repurchase is effected under the safe harbor of Rule
10b-18.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM