Form 4

The EDGAR system, created by the Securities and Exchange Commission (SEC), offers greater efficiency, service, and accessibility for all your company's electronic filing needs. The creation of the system has made filing the appropriate documentation for your business easier than ever before. Unfortunately, the correct SEC paperwork still has to be completed before filing, and that includes Form 4.

Form 4 is a Statement of Changes in Beneficial Ownership of a corporation. Sections 16(a) and 23(a) of the Securities and Exchange Commission Act of 1934, as well as Sections 30(h) and 38 of the Investment Company Act of 1940, enable authorization of this form.

Full disclosure of the information on this form is mandatory, and you must complete and submit it to the SEC if it is applicable to your company's present situation.

Form 4 is directly responsible for disclosing information related to holdings transactions initiated by officers of the company, as well as directors and registered beneficial owners having a significant investment in the business. The information on this form is, eventually, public record and available for perusal by interested parties. It may also be used in litigation or investigations involving federal securities and any civil, criminal, or regulatory provisions. Failure to disclose information on this form is subject to civil or criminal action against the persons involved.

While all of the SEC forms are important, Form 4 is especially important as it could relate to insider trading issues. The initial form to be filed is Form 3, and Form 4 allows for changes or adjustments to Form 3. The annual statement of securities' beneficial ownership is reported on Form 5. Form 4 MUST be filed within 48 hours of any stock-related event or stock-based compensation for, or to, an executive officer of the firm.

As with most reporting forms, and especially this one, submittal and timing is critical. Allow us to take care of your filing needs, and you can rest assured that the appropriate actions are being taken at the appropriate times. We will help keep your business up-to-date with legal requirements so that no ramifications will befall you through an unfiled report.

There are many facets to running your business that you must give your time to. Let us file your paperwork with the SEC for you so that you may occupy the remainder of your day with other critical issues involving your business.