An institution owns 8% of the voting common equity of ABC Corporation. It filed its last 13D beneficial ownership statement on June 1. If the institution buys 5,000 more shares of ABC in the open market on August 25, representing an increase in ownership of 1.1%, must it disclose this increase in ownership?

An institution owns 8% of the voting common equity of ABC Corporation. It filed its last 13D beneficial ownership statement on June 1. If the institution buys 5,000 more shares of ABC in the open market on August 25, representing an increase in ownership of 1.1%, must it disclose this increase in ownership?

An institution owns 8% of the voting common equity of ABC Corporation. It filed its last 13D beneficial ownership statement on June 1. If the institution buys 5,000 more shares of ABC in the open market on August 25, representing an increase in ownership of 1.1%, must it disclose this increase in ownership? 





A) No
B) Yes, within 10 days of August 25
C) Yes, within 30 days of August 25
D) Yes, within 60 days of August 25









Answer: B