In 2022, the SEC adopted new rules for proxy votes, which changed the process used for shareholder votes in contested board elections at publicly traded companies. Notably, both companies and any dissident groups soliciting proxies for director nominees and slates are now required to provide voters with a universal proxy card that lists all candidates for election to the board in the same place, no matter who (management or dissident) is promoting the candidates.

Donnelley Financial Solutions (DFIN) provides the most efficient way to review your XBRL financial reporting documents. Our collaborative, web-based platform facilitates a streamlined review process, including automated disclosure comparisons, SEC validation reporting, collaboration, commenting and approvals.

Is reporting accuracy and greater efficiency important to you? See how DFIN can simplify your XBRL review process.

What is a Schedule 13D & 13G SEC Filing?

Publicly traded companies are subject to SEC requirements, such as regulations that mandate certain types of financial reporting and disclosures. One such requirement is the Schedule 13D & 13G form, which is required when an investor becomes a beneficial owner of 5% or more of a public company's stock. Disclosures such as the SEC 13D & 13G are important for transparency, as they shine a light on the investor’s intentions and their potential influence on the company’s management or strategic direction.

Benchmark’s President and CEO, together with its General Counsel and Chief Legal Officer, wanted to broaden their investor base and shareholder engagement and prepare for SEC mandate compliance.

ActiveDisclosure helped Benchmark with corporate initiatives and regulatory compliance are now supported by collecting and sharing ESG information with stakeholders using annual sustainability reports, annual and quarterly SEC filings, and proxy statements.

Boards of directors must have expertise and provide oversight over an ever-expanding array of risks and topics (including sustainability, human capital, cybersecurity, AI, and who knows what’s next. Skills matrices have for many years been used for strategic board refreshment purposes. More recently, boards of directors are being included in proxies and elsewhere, to instill confidence in investors and others that the board has the requisite skills to effectively provide oversight of this expanding array of challenges.

DFIN achieved record software solutions net sales of $82.2 million, a year-over-year increase of 12.3%, or (13.6% on an organic basis), in our 3^rd quarter 2024 earnings results, announced this week.  Software solutions net sales accounted for 45.8% of total net sales, up from 40.7% in the third quarter of 2023, and the highest percentage of our sales mix attributable to software solutions achieved to date.

OneStream, in collaboration with Wilson Sonsini and DFIN subject matter experts, used ActiveDisclosure financial reporting and SEC filing software to optimize IPO process efficiency.

The European Single Electronic Format (ESEF) is the electronic reporting format in which issuers on EU regulated markets must prepare their annual financial reports. Listed entities in Europe must file their annual report in the digital European Single Electronic Format (ESEF).

In the latest White Paper, ESEF Annual Reporting Inline XBRL Explained, DFIN explains how using iXBRL formatting will improve data quality, accessibility and continue the modernisation of financial and sustainability reporting.

In it, you’ll learn:

As cyber threats grow increasingly sophisticated, the pressure on public companies is intensifying. They must not only strengthen their cybersecurity defenses but also navigate increasingly stringent reporting requirements. The latest SEC regulations require U.S. listed public companies to disclose cybersecurity incidents within four business days, heightening the need for proactive risk management and corporate transparency.

Artificial intelligence and AI tools are revolutionizing industries, including the financial industry. Every day, it seems as if a new AI tool is announced that promises to streamline and simplify, so business can move at a faster pace. While technologies are still in development, there are clear benefits to using AI in the finance industry. Organizations that understand the power of AI for financial reporting, including the outlook for the future, can identify and implement the right solutions.