It was reported on August 11 that according to documents disclosed by the US Securities and Exchange Commission (SEC) on August 10,$SeaChange International (SEAC.US)$Shareholder SINGER KAREN increased its common stock holdings by 167,800 shares at an average price of $47,864 per share on August 8, 9, and 10, with a value of about 803,300 US dollars.
What is a statement of change in shareholding?
The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholding. When an insider's shareholding changes, depending on different circumstances, it is necessary to submit a statement of change in shareholding to the SEC within a certain period of time after the transaction is completed.
Insiders include the company's directors and executives, as well as any shareholder who owns 10% or more of the company's tradable shares.