The SEC will require executives looking to sell company stock to enter information about their trading plans into the agency’s public corporate filings database, instead of mailing it to the agency.
Company officials currently can submit their trading details to the Securities and Exchange Commission on paper, usually turning down the option to enter the information into the agency’s online EDGAR database. Most of the paperwork is only available for the public to review in the agency’s reading room.
An executive must send the information when they plan to sell at least $50,000 of stock in a three-month period. The ...
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