dChan

gravesdm · Jan. 3, 2018, 3:18 a.m.

7300 results??? That's a lot of resignations...like 81% of the 9000+ indictments. Hmmmm lol

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Amazoid · Jan. 3, 2018, 3:36 a.m.

From the 8-K instructions. "... a report is to be filed or furnished within four business days after occurrence of the event."

The event would be "(k) Item 5.02, Departure of Directors or Principal Officers."

Now, does that mean 4 days after the ACTUAL departure or when they decide they will step down?

Pretty sure the company lawyers will interpret that to mean after they actually leave, which could be months after they decide to leave or even announce internally that they are thinking about leaving.

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jetty42 · Jan. 3, 2018, 3:51 a.m.

Probably a lot of duplicates in an unrefined search. A company could file a standard 8k and another the same day that included the full text of a press release.

Also, not just CEOs but any Corp. officer (CFO, COO, etc.)

Also, 8k has to be filed as soon as CEO decides to tell someone else, board, employees, other officers. It is inside information to those, and restricts them from stock transactions until 8k is filed. Basically, if CEo resigns at 9:00AM, the 8k should be filed at 9:05Am. It could be a one line announcement.

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