Form 4


DEFINITION of 'Form 4'

A document that must be filed with the Securities and Exchange Commission (SEC) whenever there is a material change in the holdings of company insiders. Insiders required to submit a Form 4 include directors and officers of the company as well as any shareholders owning 10% or more of the company's outstanding stock.


This two-page document covers any buy-and-sell orders on the open market as well as the exercise of company stock options. A Form 4 is mandatory within two business days starting from the end of the day the material transaction occurred. This filing is related to Form 3 and the Form 5, which also cover changes to the company insider holdings.

  1. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  2. Sell

    The process of liquidating an asset in exchange for cash. The ...
  3. Insider

    A director or senior officer of a company, as well as any person ...
  4. Beneficial Owner

    1. A person who enjoys the benefits of ownership even though ...
  5. Buy

    1. A recommendation to purchase a specific security. A buy rating ...
  6. Insider Trading

    The buying or selling of a security by someone who has access ...
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