Direct vs indirect matters
Ownership type explains whether securities are held personally or through another vehicle such as a trust, fund, partnership, or LLC.
direct-ownership
Direct ownership
High signalDefinition
Direct ownership means the reporting owner holds the security in their own name (or a related family name), not through a trust, fund, or other indirect vehicle.
How to read this term
Practical filing context for this specific glossary entryRead the footnotes
Indirect ownership is often clarified in footnotes, including the name of the entity and the reporting owner's relationship to it.
Do not infer control automatically
Indirect ownership does not always mean the insider has sole voting or investment control over every reported share.
Quick facts
- Code
- —
- Priority
- High signal
- Scope
- All Form 4 rows
- Frequency
- Seen in ~71% of all normalized transactions
- Slug
direct-ownership