Chou Judy stock holdings and net worth by SEC Form 4 filings Mar, 2024 (2024)

FAQs

How to read SEC Form 4? ›

Most of the information on Form 4 is self-explanatory. The form includes spaces for the reporting person's name and address, the company name and ticker, the date of the transaction, and the relationship of the reporting person to the company. The most important part of Form 4 involves specific transaction information.

What's a Form 4? In most cases, when an insider executes a transaction, he or she must file a Form 4. With this form filing, the public is made aware of the insider's various transactions in company securities, including the amount purchased or sold and the price per share.

F – Payment of exercise price or tax liability by delivering or withholding securities. I – Discretionary transaction, which is an order to the broker to execute the transaction at the best possible price. M – Exercise or conversion of derivative security.

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 are publicly available through the Securities and Exchange Commission's Electronic Data Gathering, Analysis, and Retrieval system — EDGAR. Enter “SVB Financial Group” and the Form 4 from Becker that has received news attention appears as an “insider trading report” filed March 1.

The SEC's Edgar database allows free public access to all filings related to insider buying and selling of stock shares. A number of financial information websites offer easier-to-use databases of insider buying. Canadian transactions are available on a government website and on financial websites.

The Schedule 13D is also known as the “beneficial ownership report” and is required when any owner acquires more than 5% of the voting shares in a company. The report must be filed within five business days of reaching the 5% threshold.

Form 4 must be filed with the Securities and Exchange Commission whenever there is a material change in the holdings of company insiders. If a party fails to disclose required information on a Form 4, civil or criminal actions could result.

SEC Form S-4 is filed by a publicly traded company with the Securities and Exchange Commission (SEC). SEC Form S-4 is required to register any material information related to a merger or an acquisition. The form is also filed by companies undergoing an exchange offer, where securities are offered in place of cash.

Insiders sell for all kinds of reasons. They might want to diversify their holdings, distribute stock to investors, pay for a divorce or take a well-earned trip. Another big problem with using insider data on specific companies is that executives sometimes misread company prospects.

What happens if Form 4 is filed late? ›

Form 4 filings include information about the insider, their relationship to the company and its securities, the type of transaction that occurred, and the amount and type of securities involved. A failure to file Form 4 timely must be reported in proxy statements or 10-Ks and can lead to fines.

G - Bona fide gift.

Investor Psychology

In a bull market, investors willingly participate in the hope of obtaining a profit. During a bear market, market sentiment is negative; investors begin to move their money out of equities and into fixed-income securities as they wait for a positive move in the stock market.

To take a bullish position, you would buy the market. You can do this either by investing in the underlying market, or by trading on its price. Most investors will be bullish by default, because by investing in shares (or other assets) they own the asset outright and so rely on the market rising to realise a profit.

Candlestick charts visually represent price movements in financial markets through candle-shaped data points. Candlesticks are typically colored, with green or white indicating bullish (upward) movements and red or black denoting bearish (downward) trends.

If the transaction is not specifically listed, use transaction Code “J” and describe the nature of the transaction in the space for explanation of responses. If a transaction is voluntarily reported earlier than required, place “V” in the appropriate column to so indicate; otherwise, the column should be left blank.

The transaction code "M" on a SEC Form 4 filing indicates that the transaction was a "gift" or a "transfer" of securities. This means that the securities were transferred to the recipient without any payment or compensation in return.

The Commission has designed Form N-4 to provide investors with information that will assist them in making a decision about investing in a variable annuity contract. The Commission also may use the information provided on Form N-4 in its regulatory, disclosure review, inspection, and policy making roles.