Direct vs indirect matters
Ownership type explains whether securities are held personally or through another vehicle such as a trust, fund, partnership, or LLC.
indirect-ownership
Indirect ownership
High signalDefinition
Indirect ownership means the reporting owner holds the security through a trust, partnership, fund, LLC, or other vehicle. The Form 4 footnotes often name the 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 ~29% of all normalized transactions
- Slug
indirect-ownership