SEC Form 10-K405

AAA

DEFINITION of 'SEC Form 10-K405'

A form used by the Securities and Exchange Commission (SEC) prior to 2003. SEC Form 10-K405 was used to indicate that an officer or director of a company failed to file a Form 4 (or similar Form 3 or Form 5) on time, meaning that they did not disclose their insider trading activities within the required time frame.

INVESTOPEDIA EXPLAINS 'SEC Form 10-K405'

Guidelines for reporting insider trading activity is covered under Section 16 of the Securities Exchange Act. Form 10-K405 was eliminated after it was determined that the use of the form by companies was inconsistent and unreliable. The form is no longer accepted by the EDGAR system.

RELATED TERMS
  1. Securities Exchange Act Of 1934

    The Securities Exchange Act of 1934 was created to provide governance ...
  2. Form 3

    A document that must be filed with the Securities and Exchange ...
  3. Form 5

    A document that must be filed with the Securities and Exchange ...
  4. Form 4

    A document that must be filed with the Securities and Exchange ...
  5. Section 16

    A section of the Securities Exchange Act of 1934 that is used ...
  6. Electronic Data Gathering, Analysis ...

    The electronic filing system created by the Securities and Exchange ...
Related Articles
  1. SEC Filings: Forms You Need To Know
    Investing Basics

    SEC Filings: Forms You Need To Know

  2. What Investors Can Learn From Insider ...
    Markets

    What Investors Can Learn From Insider ...

  3. Insider Selling Isn't Always A Bad Sign
    Options & Futures

    Insider Selling Isn't Always A Bad Sign

  4. Defining Illegal Insider Trading
    Economics

    Defining Illegal Insider Trading

Hot Definitions
  1. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  2. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  3. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  4. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  5. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  6. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
Trading Center