{"url_path":"/sec/forty/10-k/2026/item-16j","section_key":"item-16j","section_title":"Item 16J INSIDER TRADING POLICIES**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1045986/0001213900-26-055948-index.html","accession_number":"0001213900-26-055948","cik":"0001045986","ticker":"FORTY","issuer_name":"FORMULA SYSTEMS (1985) LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/1045986/0001213900-26-055948-index.html","primary_entity_key":"0001045986","primary_entity_name":"FORMULA SYSTEMS (1985) LTD"},"word_count":71,"has_tables":true,"body_markdown":"**ITEM 16J. INSIDER TRADING POLICIES**\n\n** **\n\nWe have adopted an insider\ntrading compliance policy and procedures governing the purchase, sale, and other dispositions of our securities by directors, senior management,\nand employees that are reasonably designed to promote compliance with applicable insider trading laws, rules and regulations, and any\nlisting standards applicable to the registrant. A copy of the insider trading policy is filed as an exhibit to this annual report.\n\n** **\n\n177"}