Enter a valid stock ticker symbol in the text box below.
A thorough analysis of a company's recent filing(s) with the U.S. Security and Exchange Commission is an essential precursor for anyone intending on making an investment in the company.
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC) by public companies, certain insiders, and broker-dealers.
This is perhaps a key area of analysis that most investors tend to overlook - as SEC Filings can be intimidating to those who are not very familiar with them.
For this reason, we thought it would make sense to present these filings in a more intiuitive style, and along a price graph so that investors can easily see if a particular filing had an impact on price direction.
There are literally hundreds of filing types, and you as an investor need not worry about all of them. However, here are a few filing types you should definitely pay more attention to.
Forms 3,4 and 5: Relate to insider trading. Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the Securities Exchange Act of 1934 must file with the United States Securities and Exchange Commission a statement of ownership regarding such security. The initial filing is on Form 3 and changes are reported on Form 4. The Annual Statement of beneficial ownership of securities is on Form 5. The forms contain information on the reporting person's relationship to the company and on purchases and sales of such equity securities.
8-K: A news flash from the company. 8-Ks can contain just about anything that’s considered “material” or important to investors, ranging from the resignation of a top official to news of the win of a new customer.
10-Q: The company’s quarterly report. This form displays all the information a company is required to provide to investors each quarter. Here you can find the key financial statements, such as the income statement and balance sheet.
10-K: The company’s year-end report. This is one of the most important documents a company creates. It gives you a summary of everything that happened during the year, including comments from management and financial statements that have been checked, or audited, by the company’s accounting firm.
Form D: Used to file a notice of an exempt offering of securities under Regulation D. Commission rules require the notice to be filed by companies and funds that have sold securities without registration under the Securities Act of 1933 in an offering based on a claim of exemption under Rule 504, 505 or 506 of Regulation D or Section 4(6) of that statute.
DEF 14 and DEF 14A: The company’s proxy statement. Most proxies contain everything that’s up for a vote at the shareholder meeting, ranging from board members up for election, pay packages and other perks, and pending lawsuits. An absolute must-read !