Get Todd-bol-web. Form 4 (statement Of Changes In Beneficial Ownership) Filed 12/08/11 For The Period

As a general rule, Form 4 filings that show substantial insider buying activity are a bullish signal. If insiders are buying, they are confident about the future and expect the company's share price to rise. Form 4 filings showing insiders have been selling stock are more challenging to interpret.

Form 4 is required to be filed by a company or the individual at the company when there is a change in the holdings of company insiders. Form 4 must be filed with the SEC within two days of the transaction.

The EDGAR system hours of operation for submitting files are 6:00 a.m. to 10:00 p.m. Eastern Time, weekdays, excluding Federal Holidays. Files submitted after 5:30 p.m. Eastern (with the exception of Section 16 filings) will receive the next business day's filing date.

Form 4 must be filed within two business days following the transaction date. Transactions in a company's common stock as well as derivative securities, such as options, warrants, and convertible securities, are reported on the form.

SEC Form 4: Statement of Changes in Beneficial Ownership is 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.

EDGAR filings must occur by 5:30pm ET (when the SEC officially ends its business day) to receive the same-day filing date. Filings submitted between 5:30pm and 10pm will receive the next business day's date.

Section 8(3) of the Act defines beneficial ownership to include ownership of dutiable property by a person as trustee of a trust. A change in beneficial ownership includes: the creation of dutiable property. the extinguishment of dutiable property.

Deadline for Filing Form D You must file Form D within 15 days of beginning to sell securities. Qualifying for an exemption under Regulation D isn't enough if you don't file on time. Your first “sale” only occurs when an investor is completely under contract to provide funding. This timeline refers to 15 business days.