Publicly traded companies are required to file initial and on-going reports with the SEC. Some occur at the happening of specific events and others are regularly required. What follows is a simple outline of the various required forms, including details for their filing and specific uses and helpful hints relative to each form.
These reports disclose ownership interest of company insiders (e.g. officers, directors and beneficial owners with >10% of the company’s equity securities.
This initial statement of beneficial ownership must be filed within 10 days of becoming a company insider (or by the effective date if the company is performing an initial public offering)
Discloses any change in beneficial ownership by said insiders. Anytime any beneficial owner holding more than 10% of the company’s equity securities buys or sells securities, Form 4 must be filed within two business days after the buy/sell transaction.
This is an annual statement of changes in beneficial ownership, showing changes that should have been reported in Forms 3 and 4, but for whatever reason were not reported. It must be filed within 45 days after the end of a company’s fiscal year.