Form345 Allows Companies to Disclose Ownership and Transactions

Other

Source: Form345 Allows Companies to Disclose Ownership and Transactions

Officers, directors, and 10% stakeholders(insiders) are mandated to disclose their ownership and transactions, according to the Securities Exchange Act of 1934. Its main target is to prevent insider trading and promote transparency. Public companies can use Form 3 to report initial ownership, Form 4 for changes made within two business days, and Form 5 for missed or delayed transactions. Colonial Filings Product – Form345.com, a specialized online platform, allows companies to submit SEC Section

---