How can I determine which insiders file their ownership reports accurately and which don ?
The SEC requires both insiders and companies to report the number of company shares and options owned. Finding discrepancies between insider ownership reports and company shareholder reports can help you determine which insiders file their ownership reports more accurately than others. Companies are required to report the number of company shares and options owned by significant stakeholders (including top executives, board members, and/or other beneficial owners) on a “definitive proxy statement” (form 14A or “DEF 14A”) before any shareholder meeting, and at least once per year. These numbers can be easily compared to those on the insiders’ ownership reports. The SEC provides access to all of these documents, and others, on their website. They have a search portal available here.
