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Wednesday, June 24, 2020 2:52:02 PM
Form 4
This form is filed whenever there is an actual change in share ownership. This may include open market purchases or sales, granting of stock options or the exercise of stock options. Previously, Form 4 had to be filed with the SEC by the 10th day of the month following the actual transaction. In practice, however, sometimes it was filed months late or not at all. Under the Sarbanes-Oxley Act of 2002, a Form 4 must now be filed electronically via EDGAR within two business days of each transaction. This makes following the trades easier and the information contained therein more timely.
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