Federal Register #OMB Control No. 3235-0362

SEC Seeks Public Comment on Extension of Form 5 Beneficial Ownership Information Collection

The Securities and Exchange Commission (SEC) is seeking public comment on the proposed extension of its Form 5-Annual Statement of Beneficial Ownership information collection. - Government Buyer: - Securities and Exchange Commission (SEC) - Office location: 100 F Street NE, Washington, DC 20549 - Purpose: - Extension of the information collection for Form 5, which is required annually from certain insiders (officers, directors, and large shareholders) to disclose beneficial ownership of equity securities registered under Section 12 of the Securities Exchange Act of 1934 - Scope and Details: - Approximately 2,724 respondents file Form 5 each year - Each response is estimated to take about one hour to complete - Unique/Notable Requirements: - No products, services, or OEMs are involved; this is a regulatory information collection, not a procurement - The SEC invites public comments on the necessity, accuracy, and burden of the information collection - No vendors, OEMs, or product/service line items are associated with this notice

Description

This notice from the Securities and Exchange Commission (SEC) announces the proposed extension of the information collection titled "Form 5-Annual Statement of Beneficial Ownership." The form requires certain insiders, such as officers, directors, and large shareholders, to annually disclose their beneficial ownership of equity securities. The SEC estimates the form takes about one hour to complete and is filed by approximately 2,724 respondents each year. The notice invites public comments on the necessity, accuracy, and burden of this information collection.

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