Schedule 13D


DEFINITION of 'Schedule 13D'

A form that must be filed with the SEC under Rule 13D. The form is required when a person or group acquires more than 5% of any class of a company's shares. This information must be disclosed within 10 days of the transaction. Rule 13D requires the owner to also disclose any other person who has voting power or the power to sell the security.

BREAKING DOWN 'Schedule 13D'

Once the disclosure is made to the SEC, the company and the exchange(s) on which the company trades are notified of the new beneficial owner.

You can find most company's 13D filings in the SEC's EDGAR database.

  1. Issuer

    A legal entity that develops, registers and sells securities ...
  2. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  3. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  4. Form S-4

    A form that must be submitted to the Securities and Exchange ...
  5. Securities Act Of 1933

    A federal piece of legislation enacted as a result of the market ...
  6. Electronic Data Gathering, Analysis ...

    The electronic filing system created by the Securities and Exchange ...
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