October 19, 2022
Electronic Form 144: April 13th Compliance Date
The SEC announced yesterday that the compliance date for electronic Form 144 filing requirements will be April 13, 2023. As I blogged a few weeks ago, EDGAR is already set up to accept these filings.
If you haven’t already confirmed EDGAR accounts for all of your reporting insiders, now is the time to get the ball rolling! You’ll also likely need to discuss the new Form 144 process with the brokers that handle insiders’ transactions. According to the informal “Quick Poll” that I ran a few weeks ago, most people want the brokers to keep handling this compliance step.
– Liz Dunshee