Category SEC Reporting

10-K

  • 10-K – Item 5 – Stock Performance Chart

    Every company is required to show its stock performance compared to various indices. We were surprised at the vast number of indices to choose from. It is clear, you can always find an index that your stock can beat. Our database now has 151 different indices.

  • Our Favorite 10-K’s

    Here is a list of 31 great 10-K’s. If you are looking for a good example, use one of these. They are separated into 6 different market cap categories – micro-cap to mega-cap.

  • 10-K – Prelude

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for the Prelude of the 10-K

  • 10-K – Item 1 – Business

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 1 of the 10-K.

  • 10-K – Item 1a – Risk Factors

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 1a of the 10-K.

  • 10-K – Item 1b – Unresolved Items

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 1b of the 10-K.

  • 10-K – Item 2 – Properties

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 2 of the 10-K.

  • 10-K – Item 3 – Legal

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 3 of the 10-K.

  • 10-K – Item 4 – Mine Safety

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 4 of the 10-K – Mine Safety.

  • 10-K – Item 4a – Officers

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 4a of the 10-K.

  • 10-K – Item 5 – Market

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 5 of the 10-K.

  • 10-K – Item 6 – Selected Data

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 6 of the 10-K.

  • 10-K – Item 7 – MD&A

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 7 of the 10-K.

  • 10-K – Item 7a – Market Risk

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 7a of the 10-K.

  • 10-K – Item 8 – Financials

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 8 of the 10-K.

  • 10-K – Item 9 – Accountants

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 9 of the 10-K.

  • 10-K – Item 9a – Controls

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 9a of the 10-K.

  • 10-K – Item 9b – Other

    Look for ways to enhance your SEC Form 10-K. This provides Best In Class examples for Item 9b of the 10-K.

  • 10-K – Item 10-15 – Directors + Misc.

    Look for ways to enhance your SEC Form 10-K. This provides good examples for Items 10-15 of the 10-K.

13-D/F/G

  • Carl Icahn Portfolio – as of 9/30/16

    You ever wonder what Carl Icahn is invested in for his long-term portfolio? Here is the portfolio for Carl Icahn as of 9/30/16 with a comparison to 6/30/16. Interesting.

  • Third Point (Loeb) 13F – as of 9/30/16

    You ever wonder what Daniel Loeb and Third Point are invested in for their long-term portfolio? Here is the 13F for Third Point as of 9/30/16 with a comparison to 6/30/16. Interesting.

  • Soros 13F – as of 9/30/16

    You ever wonder what George Soros and his team are invested in for their long-term portfolio? Here is the 13F for Soros as of 9/30/16 with a comparison to 6/30/16. Interesting.

  • Pershing Square (Ackman) 13F – as of 9/30/16

    You ever wonder what Pershing Square and Bill Ackman are invested in for their long-term portfolio? Here is the 13F for Pershing with a comparison to 6/30/16. Not too many positions.

  • Berkshire Hathaway 13F as of 9/30/16

    You ever wonder what Warren Buffet, Charlie Munger and Berkshire Hathaway are invested in? Here is the 13F for Berkshire Hathaway with a comparison to 9/30/15. Impressive.

  • 13 D/F/G – Highlights WP

    This White Paper provides the key differences between Forms 13 D, F and G.

8-K

  • Form 8-K Information

    Here is some key information about filing a Form 8-K with the SEC. Includes: deadline to file and key categories of events requiring filing.

Annual Report

  • Warren Buffett Annual Letter – 2019

    Here is Warren Buffett’s Annual Letter for 2019 (issued in February 2020). Balance is always delivered.

  • Annual Report – List All Employees Names

    The best companies in the world have one thing in common.  That is, every employee matters.  Here is an example of a company that does a little more in showing that by including every employees name in the annual report.  pretty cool.

  • Great example of CEO Letter to Shareholders – Amazon/Bezos – 2017

    This is a great read.  Plain English.  Balanced.  Straight forward.  Enjoy.

  • Warren Buffett Annual Letter – 2015

    Here is Warren Buffett’s Annual Letter for 2015. Another gem.

  • Warren Buffett Annual Letter – 2017

    Here is Warren Buffett’s Annual Letter for 2017. Balance is always delivered.

  • Warren Buffett Annual Letter – 2016

    Here is Warren Buffett’s Annual Letter for 2016.  Pure transparency.

  • Annual Report – IR Team

    We like this listing in an annual report since it includes the entire team – VP, Manager and Executive Assistant.  We all know the EA is the glue that makes it all work.  Great to see!

  • IR Outreach in Annual Report

    Here is a great way to show your level of Street interaction for the year in the Annual Report. We love seeing this type of transparency.

  • Letter from CEO – Detailed and Extensive

    Here is an in-depth, candid and plain-English letter from CEO. Extensive and impressive with its balance.

  • Our Favorite Annual Reports

    Here is a list of 31 great Annual Reports. If you are looking for a good example, use one of these. They are separated into 6 different market cap categories – micro-cap to mega-cap.

  • CEO Letter – Example

    Here is another great example of a longer CEO letter that is comprehensive. The best part about it is in the beginning, the CEO speaks the language of the investor directly. A perfect example of talking directly to the investor.

  • Warren Buffett Letters 2010-2014

    The master of the annual letter to shareholders is Warren Buffet. Using plain English and details, he dares to go where virtually no CEO or Chairperson goes. He exudes balance and offers the good and the bad. More importantly, he gives you detailed information about his thinking, philosophy and decision-making. Here are the past 5 years of letters.

  • Example – Amazon IPO Letter 1997

    Amazon has done some very cool things. As it relates to their Annual Report, each year they provide a CEO’s letter to shareholders on things topical for the current year. They also include a copy of the first CEO letter from 1997. It is an incredibly cool way to give empirical evidence of remaining true to the original vision. Here is a copy of that 1997 CEO letter to shareholders.

  • Example – Great CEO Letter to Shareholders

    This is one of the best CEO Letters to Shareholders we have come across in recent years. Not only is it to the point, but you get a feel of the Company’s culture. Entertaining and insightful.

  • Annual Report – 2014-2015 Overall Data and Analytics

    Here you will find a group of data points on average Annual Reports – number of pages, number of risk factors, etc.

  • Annual Report – CEO/Chair Letter

    Here are a few examples of CEO/Chair Letters to Shareholders which will help you avoid the trap of delivering a boring and predictable Letter.

  • Annual Report – About Us

    Here are some cool and unique ways to explain what your company is all about.

  • Annual Report – Mission

    Here are 2 great examples of how companies included mission and values into their Annual Report.

  • Annual Report – Strategy

    Here are some examples of how a few companies detailed their business strategy in their Annual Report.

  • Annual Report – Fiscal Year Highlights

    Here is an example of what one company did to show off their fiscal year highlights in its Annual Report.

  • Annual Report – Financial Performance

    Here is a short list of ideas of financial performance information companies included in the Front Section of the Annual Report to help tell the story.

  • Annual Report – Misc. Information

    Here is a short list of cool ideas that some companies included in their Annual Reports.

  • Annual Report – Graph Data

    Get help determining which graphs to include in the Annual Report, as well as the time period most commonly used.

  • Annual Report – Photo Data

    Here are some stats on pct. of companies that provide photos of the CEO only, the Board of Directors, the senior management team, etc. in Annual Report photos.

  • Annual Report – Back Cover Info

    Blue chip companies use the real estate on the back cover of an Annual Report to give a wealth of information to investors. Here is an exhaustive list of items you can include.

Other Reports

  • 2020 SEC Annual Report – Enforcement Division

    This is a great read to get some insight into SEC as they enforce the rules.  Learn some more about approach and what drivers are.

  • Company’s First ESG Report

    Here is a nice example of a Company’s first ESG report.   Just getting started is key.  

  • Form 14D-9 or 14D-9C

    Here is background information on a Form 14D-9 or 14D-9C filing with SEC. This filing is in regards to offers for a company.

  • CT Order

    Here is background information on a CT Order filing with SEC. This seems Confidential Treatment of certain information.

  • Form SD

    Here is an overview of SEC Form SD, which is focused on conflict minerals disclosure.

  • Executive Compensation Supplement

    This is a great summary of Executive Compensation. It was included as part of the proxy package sent to shareholders.

  • Giving Report – Example

    Here is a short 2-page report on Giving and Charitable Contributions for a company. Includes cash, in-kind and volunteer hours donated. Great to see.

  • Diversity and Inclusion Report – Example

    Here is a unique, yet powerful tool to show your company’s progress on diversity. This includes not only employee diversity, but also supplier diversity, recruiting military personnel, disability inclusion, among other information. Impressive.

  • PAC and Political Contributions Report – Example

    Here is another great example of a PAC and Political Contributions Report you can provide to the Street for ultimate transparency.

  • Political Contributions Report – Example

    Here is another great report to provide pure transparency to the Street. A great example of a detailed political contributions annual report. Good stuff.

  • Annual Report of Lobbying and Advocacy Expenditures – Example

    Although, not the most common here is an example of an annual report of lobbying expenditures. You will notice far less graphics. Purely information. It is a nice way to provide further transparency to the Street.

Proxy

  • Summary of 2021 Proxy Season

    This is a nice summary of the 2021 Proxy Season.  Some mindful steps today and over the next few months can prove to be helpful for you next proxy season!

  • ISS – Voting Guidelines 2021 for U.S. (Full Document)

    Here is a great document that provides info on ISS Voting Guidelines.  See how you stack up and be prepared when talking to your investor base.

  • ISS – 2021 Proxy Guidelines and Changes

    Here are the 2021 ISS guidelines.  Some good focus on racial and gender diversity, virtual meetings and ESG.  Be ready.

  • Proxy – Advisors – Accounting Firms – 2020

    Here is a list of 100 companies and which accounting firm they used.

  • Proxy – Advisors – Accounting Firms – 2019

    Here is a list of 132 companies and which accounting firm they used.

  • Proxy – Advisors – Accounting Firms – 2018

    Here is a list of 131 companies and which accounting firm they used.

  • Proxy – Company Proposals for Voting – 2020

    Here is a list of all company proposals for a sample size of 100 companies reviewed in 2020 across a broad group of industries.  See the most common proposals and some unique ones.  Note:  Of the 100 companies, the average number of proposals was 3.7, which was up slightly 0.2 from 2019.

  • Proxy – Company Proposals for Voting – 2019

    Here is a list of all company proposals for a sample size of 136 companies reviewed in 2019 across a broad group of industries.  See the most common proposals and some unique ones.  Note:  Of the 136 companies, the average number of proposals was 3.5, which was nearly 0.3 lower than 2018.

  • 2020 Shareholder Proposal List and Analytics

    Here is a list of all shareholder proposals for a sample size of 100 companies reviewed in 2020 across a broad group of industries.  See the most common proposals and some unique ones.

  • Proxy – Shareholder Meeting Venue – 2019

    Trying to determine where you should hold your Annual Shareholder Meeting? Here is a listing of 136  companies and the venue/city they chose.  Virtual meetings continued to grow very slowly.  We caution against virtual meetings since it leaves the BOD and executive team exposed from optimal governance.

  • Proxy Detail – CEO Pay Ratio – 2020

    New for companies as of 12/31/17, was the disclosure of the CEO Pay Ratio.  Here is our 3rd Annual review of CEO Pay Ratio for fiscal 2019.  We looked at 100 companies and our analytics has 193 company ratios.   It may take awhile for the Street to fully appreciate the information, but there are certainly some trends.  This is good info to share with your HR colleagues.

  • Change of Venue to Virtual Meeting

    Here is a nice example of moving an in-person Annual Shareholder meeting to virtual in light of the COVID-19 pandemic (March 2020).

  • 2020 ISS Voting Guidelines Update

    Here is a nice report from ISS that details an update on voting guidelines for 2020.

  • 2019 Shareholder Proposal List and Analytics

    Here is a list of all shareholder proposals for a sample size of 136 companies reviewed in 2019 across a broad group of industries.  See the most common proposals and some unique ones.

  • Proxy – Consultants – Proxy Solicitors – 2019

    See what 133 companies did for proxy solicitors in 2019. Info includes firm used and fees, if disclosed.

  • Proxy – Compensation Consultants – 2019

    See what 133 companies did for compensation consultants and 12 companies did for management comp consultants in 2019. Info includes firm used and fees, if disclosed.

  • ISS 2019 Compensation Plan Summary Info and Changes

    Here is a nice report from ISS about compensation plan summary information and changes.  Good info.

  • Proxy Detail – CEO Pay Ratio – 2019

    New for companies as of 12/31/17, was the disclosure of the CEO Pay Ratio.  Here is the fiscal 2018 CEO Pay Ratio for over 150 companies as well as some interesting notes on the disclosures.  It may take awhile for the Street to fully appreciate the information, but there are certainly some trends.

  • Example – Diversity Table

    Here is a great example of a diversity table.  What we like is the comprehensiveness and the breakdown by level.  Great transparency.

  • ISS 2019 Info on Evaluating Equity Incentive Plans

    Here is a nice report issued by ISS on how they evaluate equity incentive plans for executive compensation.

  • Proxy Supplement When CEO Departs Before Annual Meeting

    Here is a good example of a proxy supplement that was issued due to a change in CEO after the original proxy was flied, but the annual meeting had not taken place.  Short and sweet, which makes it nice to see what is happening.

  • Proxy – Consultants – Proxy Solicitors – 2018

    See what 131 companies did for proxy solicitors in 2018. Info includes firm used and fees, if disclosed.

  • Proxy – Compensation Consultants – 2018

    See what 131 companies did for compensation consultants and 10 companies did for management comp consultants in 2018. Info includes firm used and fees, if disclosed.

  • Proxy – Company Proposals for Voting – 2018

    Here is a list of all company proposals for a sample size of 131 companies reviewed in 2018 across a broad group of industries.  See the most common proposals and some unique ones.  Note:  Of the 131 companies, the average number of proposals was 3.8, which was nearly 0.9 lower than 2017.  This was due to many companies having a once-every-3-years vote on frequency of advisory vote on executive comp in 2017. 

  • Proxy – Transfer Agents – 2018

    See how 131 companies disclosed its transfer agent in 2018.

  • 2018 Shareholder Proposal List and Analytics

    Here is a list of all shareholder proposals for a sample size of 131 companies reviewed in 2018 across a broad group of industries.  See the most common proposals and some unique ones.

  • 2018 Proxy Overview Data and Analytics

    Find summary proxy information for 131 companies across a broad group of industries. 

  • Proxy – Shareholder Meeting Venue – 2018

    Trying to determine where you should hold your Annual Shareholder Meeting? Here is a listing of 134 companies and the venue and city they chose.  Virtual meetings continued to grow slowly but surely.  We caution against virtual meetings since it leaves the BOD and executive team exposed from optimal governance.

  • Proxy Detail – CEO Pay Ratio – 2018

    New for companies as of 12/31/17, was the disclosure of the CEO Pay Ratio.  Here is the CEO Pay Ratio for over 100 companies as well as some interesting notes on the disclosures.  It may take awhile for the Street to fully appreciate the information, but there are certainly some trends.

  • 2017 Proxy Overview Data and Analytics

    Find summary proxy information for 134 companies across a broad group of industries.

  • Proxy – Transfer Agents – 2017

    See what 134 companies did for transfer agent in 2017.

  • Proxy – Transfer Agents – 2016

    See what 156 companies did for transfer agent in 2016.

  • Proxy – Transfer Agents – 2014/2015

    See what 84 companies did for transfer agent in 2014-2015.

  • Proxy – Shareholder Meeting Venue – 2017

    Trying to determine where you should hold your Annual Shareholder Meeting? Here is a listing of 134 companies and the venue and city they chose.

  • Proxy – Company Proposals for Voting – 2017

    Here is a list of all company proposals for a sample size of 134 companies reviewed in 2017 across a broad group of industries. See the most common proposals and some unique ones. Note: Of the 134 companies, the average number of proposals was 4.7, which was nearly 1.0 higher than usual. This was due to many companies having a once-every-3-years vote on frequency of advisory vote on executive comp.

  • Proxy – Company Proposals for Voting – 2016

    Here is a list of all company proposals for a sample size of 156 companies reviewed in 2016 across a broad group of industries. See the most common proposals and some unique ones. Note: Of the 156 companies, the average number of proposals was 4.0.

  • Proxy – Company Proposals for Voting – 2014-2015

    Here is a list of all company proposals for a sample size of 84 companies reviewed in 2014/2015 across a broad group of industries. See the most common proposals and some unique ones. Note: Of the 84 companies, the average number of proposals was 3.6.

  • Proxy – Advisors – Accounting Firms – 2017

    Here is a list of 134 companies and which accounting firm they used.

  • Proxy – Advisors – Accounting Firms – 2016

    Here is a list of 156 companies and which accounting firm they used.

  • Proxy – Advisors – Accounting Firms – 2014/2015

    Here is a list of 84 companies and which accounting firm they used.

  • Proxy – Compensation Consultants – 2017

    See what 131 companies did for compensation consultants and 12 companies did for management comp consultants in 2017. Info includes firm used and fees, if disclosed.

  • Proxy – Consultants – Proxy Solicitors – 2017

    See what 134 companies did for proxy solicitors in 2017. Info includes firm used and fees, if disclosed.

  • 2017 Shareholder Proposal List and Analytics

    Here is a list of all shareholder proposals for a sample size of 134 companies reviewed in 2017 across a broad group of industries. See the most common proposals and some unique ones. Note: Of the 134 companies, approximately 34%, or 45 had shareholder proposals. The average was 2.1 shareholder proposals per company which had them.

  • Wells Fargo 2017 Proxy – Retail Sales Practices

    In September 2016, Wells Fargo was under significant scrutiny regarding its retail sales practices (i.e. setting up false accounts, etc.). We give credit where credit is due. Wells Fargo committed 13 pages of its proxy statement to explaining how they dealt with this and what changes were made to governance. Here are those pages.

  • Voting Info – How Votes are Counted

    You would think it would be simple. You either vote “For” or “Against”. But then there are Broker Non-Votes and Abstentions. Further, items for vote can require plurality, majority or even supermajority. Here is a short overview of the topic.

  • Broker Non-Vote and Non-Routine Matters

    Here is a short overview of what a broker non-vote is. In addition, here is a listing of routine and non-routine matters.

  • Our Favorite Proxy Statements

    Here is a list of 31 great proxy statements. If you are looking for a good example, use one of these. They are separated into 6 different market cap categories – micro-cap to mega-cap.

  • Proxy – Compensation Consultants – 2016

    See what 156 companies did for compensation consultants and 22 companies did for management comp consultants in 2016. Info includes firm used and fees, if disclosed.

  • Proxy – Compensation Consultants – 2014/2015

    See what 84 companies did for compensation consultants and 27 companies did for management comp consultants in 2014/2015. Info includes firm used and fees, if disclosed.

  • Proxy – Consultants – Proxy Solicitors – 2016

    See what 156 companies did for proxy solicitors in 2016. Info includes firm used and fees, if disclosed.

  • 2016 Proxy Overview Data and Analytics

    Find summary proxy information for 156 companies across a broad group of industries.

  • 2016 Shareholder Proposals List and Analytics

    Here is a list of all shareholder proposals for a sample size of 156 companies reviewed in 2016 across a broad group of industries. See the most common proposals and some unique ones. Note: Of the 156 companies, approximately 36%, or 57 had shareholder proposals. The average was 2.81 shareholder proposals per company which had them.

  • Proxy – Shareholder Meeting Venue – 2016

    Trying to determine where you should hold your Annual Shareholder Meeting? Here is a listing of 156 companies and the venue and city they chose. Includes those who did a Virtual Shareholder Meeting.

  • Beneficial Ownership Table Examples

    One of the areas of the proxy statement which can be improved for most companies is the beneficial ownership table. Most companies take the disclosure requirements literally and simply lump all directors, officers and 5% holders into a list. Most of the time they are listed alphabetically. Consider using subtotals to help tell your story. Here are 3 examples.

  • Example – Transition to Electronic from Paper Communication

    Companies continue to transition to electronic and internet access of their proxy materials. Here is an example correspondence to shareholders discussing this transition and explaining how individuals can opt-out of paper materials. This was sent directly to shareholders.

  • Proxy – Board of Director Information

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Board of Director Items for your Proxy Statement.

  • 2014-2015 Proxy Overview Data and Analytics

    Find summary proxy information for 84 companies across a broad group of industries.

  • 2014-2015 Shareholder Proposals List and Analytics

    Here is a list of all shareholder proposals for a sample size of 42 companies across a broad group of industries. See the most common proposals and some unique ones.

  • Proxy – Shareholder Meeting Venue – 2014/2015

    Trying to determine where you should hold your Annual Shareholder Meeting? Here is a listing of 84 companies and the venue and city they chose.

  • Proxy – Consultants – Proxy Solicitors – 2014/2015

    See what 84 companies do for proxy solicitors and compensation consultants. Info includes firm used and fees, if disclosed.

  • Proxy – Executive Summary

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Executive Summary Items for your Proxy Statement.

  • Proxy – Proxy Summary

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Proxy Summary Items for your Proxy Statement.

  • Proxy – Annual Meeting Information

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Annual Meeting Information Items (i.e. logistics) for your Proxy Statement.

  • Proxy – Governance

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Governance Items for your Proxy Statement.

  • Proxy – Executive Compensation Info

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Executive Compensation Items for your Proxy Statement.

  • Proxy – Proxy Proposals

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Proxy Proposal Items for your Proxy Statement.

  • Proxy – Other Disclosures

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Other Disclosure Items for your Proxy Statement.

  • Proxy – Appendix Items

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for Appendix Items for your Proxy Statement.

  • Proxy – Corporate Governance Checklist

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for a Corporate Governance Checklist for your Proxy Statement.

  • Proxy – Unique Items

    Look for ways to enhance your SEC Proxy Filing. This provides Best In Class examples for various Unique Items for your Proxy Statement.

Section 16