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Section 14(h)(1)

Section 14(h)(1) of the Securities Exchange Act requires companies to disclose specified information about certain securities sales and ownership changes within 10 days. This includes details about the amount of securities involved and the person's identity if they beneficially own at least 5% of the company's securities. The goal is to promote transparency, allowing investors and the public to monitor significant holdings and transactions that could impact the company's control or value. This regulation helps maintain market integrity by ensuring that substantial ownership changes are promptly reported and publicly available.