High resolution electron microscopy (HREM) of Fe 3O 4 has been carried out at temperatures near the Verwey transition (∼120 K) with a point resolution of 3 Å. Lattice fringes of both the high- and the low-temperature phases have been observed at these temperatures. The crystal symmetry of the low-temperature phase indicated by the lattice images is consistent with the result obtained by earlier diffraction studies. A series of lattice images showing the transition from the low-temperature phase (to the high-temperature phase) has been obtained. The transformation to the high-temperature phase occurs through the penetration of the high-temperature phase into areas of the low-temperature phase. A quick motion of domain boundaries in the low-temperature phase, which is consistent with almost instantaneous rearrangements of charge ordering, has been observed. The possibility of determining the ordered arrangement of Fe 2+ and Fe 3+ ions directly by HREM is discussed.