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Form 3 is a document that a company insider or major shareholder must file with the SEC. The information provided on the form is meant to disclose the holdings of directors, officers, and beneficial owners of registered companies and becomes public record.
Form 3 collects the initial percentage of beneficial ownership of equity securities for (1) any director or officer of an issuer with a class of equity securities registered pursuant to Section 12 of the Securities Exchange Act of 1934 (Exchange Act); (2) any beneficial owner of greater than 10 percent of a class of
Form 3 is an SEC filing filed with the US Securities and Exchange Commission to indicate a preliminary insider transaction by an officer, director, or beneficial (10%) owner of the companys securities. These are typically seen after a company IPOs when insiders make their first transactions.
The major difference between Forms 3 and 4 is the separation of the terminals of each functional unit the terminals of other units. The main advantage of this model is the ability to safely connect and disconnect outgoing cables while the rest of the switchboard remains in operation.
Form 3 must be filed within 10 days after the person becomes an insider. Whats a Form 4? In most cases, when an insider executes a transaction, he or she must file a Form 4.

People also ask

The federal securities laws require certain individuals (such as officers, directors, and those that hold more than 10% of any class of a companys securities, together well call, insiders) to report purchases, sales, and holdings of their companys securities by filing Forms 3, 4, and 5.
SEC Form S-3 is a regulatory filing that provides simplified reporting for issuers of registered securities. An S-3 filing is utilized when a company wishes to raise capital, usually as a secondary offering after an initial public offering has already occurred.

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