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Securities Exchange Act of 1934

A federal law that governs the trading of securities (stocks and bonds) on secondary markets, aiming to ensure fair and honest markets.

Foreign private issuer

A company that is incorporated outside the U.S. and meets certain criteria regarding its ownership and business activities, allowing it to register its securities with the SEC.

Insider

A director, officer, or major shareholder (typically owning 10% or more) of a company who has access to non-public information about the company.

Disclosure

The act of making important information public, especially in the context of financial markets, to ensure transparency for investors.

Section 16(a)(1)

A specific part of the Securities Exchange Act that requires company insiders to report their transactions in their company's stock.

Securities and Exchange Commission (SEC)

The U.S. government agency responsible for protecting investors, maintaining fair and orderly functioning of securities markets, and facilitating capital formation.