Question:

Who has to report the number of shares they own in a company to the SEC. Is it based on the % owned?

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If I own 250000 shares of a company that has 1B shares outstanding do I have to report it?

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3 ANSWERS


  1. Generally its 5 percent of the outstanding shares.

    http://www.law.uc.edu/CCL/34ActRls/rule1...


  2. If it is the same as UK it is based on % owned and % increase or decrease thereafter. It is the resposibility of the buyer or seller, although he/she is usually reminded by his broker.

  3. 5%

    or

    working with a group in coordination where the group total is 5%

    or

    be one of the top officers of the company

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