Quiz
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
N
No-Filings-Due Statement
An affirmation from a company insider (a director or an officer) that he or she has no missing or late Section 16 filings. The statement also requires the insider to attest that a Form 5 is not needed for any unreported transactions during the year. This can be part of the D&O questionnaire. Companies rely on no-filings-due statements for their Item 405 proxy statement disclosure. The SEC has indicated that when a Form 5 is not filed, companies should assume a delinquency in Section 16 filings unless it can independently verify that the insider does not have any unreported transactions.
Return to list Register Now

Try the new myStockOptions.com Glossary App! Now available for Android and iOS.

Get it on Google Play
The content is provided as an educational resource.
myStockOptions.com shall not be liable for any errors or delays in the content, or any actions taken in reliance thereon.
Copyright © 2000-2018 myStockPlan.com, Inc. U.S. Patent 7,353,200.
Contact editors@mystockoptions.com for licensing information