Cross-post: Are companies complying with the new SEC compensation clawback rule?

Deep Quarry does a deep data dive and sees 103 companies have noted that financial statements were corrected. Only one company said an exec comp clawback was needed.

Mar 28, 2024

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This is a cross-post with Deep Quarry, the newsletter I occasionally collaborate on with Olga Usvyatsky. If you value our work, please subscribe!

When SEC Rule 10D-1, which requires companies to claw back erroneously paid compensation after accounting corrections, went into effect on December 1, 2023, I predicted that we might see a post-implementation d…

The Dig

Cross-post: Are companies complying with the new SEC compensation clawback rule?

Deep Quarry does a deep data dive and sees 103 companies have noted that financial statements were corrected. Only one company said an exec comp clawback was needed.

This post is for paid subscribers