The SEC’s Office of Investor Education & Advocacy is issuing this updated Investor Alert to warn about fraudsters sending investors fake Form 4 filings as part of a scam. Fraudsters often use official-looking forms to try to establish credibility with potential victims. One example is Form 4, which is a type of form filed with the SEC to make the public aware of a corporate insider’s purchases & sales of the company’s securities.
Source: SEC