What triggers the filing of a Form 4?

The filing of a Form 4 is specifically triggered when a corporate insider, such as an officer, director, or beneficial owner of more than 10% of a company's stock, engages in a transaction involving the company's securities. This includes purchases or sales of stock in the open market. The purpose of Form 4 is to provide transparency and disclose these transactions to the public, ensuring that insider trading is monitored and regulated.

When corporate insiders make trades, the transactions must be reported to the Securities and Exchange Commission (SEC) within two business days. This requirement aims to prevent insider trading and to maintain a level playing field for all investors. By filing a Form 4, the insider publicly discloses their trading activity, which can inform other investors about potential changes in the insider’s expectations or confidence regarding the company’s future performance.

The other options given do not relate to the filing of a Form 4. Changes in management roles, alterations to the registered office, or the issuance of dividends do not directly trigger the need to file this form, as they do not involve actual trading of the company’s securities.