principal stockholder

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Principal stockholder

A stockholder who owns 10% or more of the voting stock of a company. Such stockholders must report all trading in the stock to the SEC pursuant insider trading rules.

Principal Stockholder

A person or company that owns more than 10% of the voting stock in a publicly-traded company. All principal stockholders must announce themselves to the SEC and abide by all rules governing the prevention of insider trading.

principal stockholder

A stockholder who owns a large number of voting shares in a firm. For SEC purposes, a person who owns 10% or more of a firm's voting stock is considered a principal stockholder.
References in classic literature ?
It was Scully who was to blame for the unpaved street in which Jurgis's child had been drowned; it was Scully who had put into office the magistrate who had first sent Jurgis to jail; it was Scully who was principal stockholder in the company which had sold him the ramshackle tenement, and then robbed him of it.
In connection with the recent change of management of the Company, Fred Sacramone, the President of Benchmark Builders Inc., the Companys principal operating subsidiary, and one of the principal stockholders of Benchmark Builders prior to the sale of Benchmark Builders to the Company in 2017, was appointed the President and Chief Executive Officer of the Company, and now has effective day-to-day management control of the Company in addition to the effective day-to-day management control of Benchmark Builders.
In connection with the recent change of management of the Company, Fred Sacramone, the President of Benchmark Builders Inc., the Company's principal operating subsidiary, and one of the principal stockholders of Benchmark Builders prior to the sale of Benchmark Builders to the Company in 2017, was appointed the President and CEO of the company, and now has effective day-to-day management control of the company in addition to the effective day-to-day management control of Benchmark Builders.
Its principal stockholders are Coyiuto, Consolidated Robina Capital Corporation, and JG Summit Holdings, Inc., the latter two belonging to the Gokongwei group.
Five Star's principal stockholders will receive a controlling block of the Sixty Six Oilfield's preferred stock.
The principal stockholders of the WR Group have entered into five-year employment agreements and will continue to manage operations of the WR Group subsidiary post completion of the transaction.
Section 16 of the Securities Exchange Act of 1934 governs the regulatory filing responsibilities that must be met by directors, officers, and principal stockholders. Section 16(a) specifically applies to public company "insiders" (officers, directors and 10 percent equity holders) and requires notification to the SEC by the insider of certain key dates regarding their becoming insiders or beneficial owners.
Section 16 of the Securities Exchange Act of1934 governs the regulatory filing responsibilities that must be met by directors, officers, and principal stockholders. Section 16(a) specifically applies to public company "insiders" (officers, directors and 10 percent equity holders) and requires notification to the SEC by the insider of certain key dates regarding their becoming insiders or beneficial owners.
Also after closing, two representatives of Biomet's principal stockholders wall join the combined company's board, which will be expanded accordingly, officials noted.
Also after closing, two representatives of Biomet's principal stockholders will join the combined company's board, which will be expanded accordingly, officials noted.
LLC and Goldman, Sachs & Co., are releasing a lock-up restriction with respect to certain shares of Cvent's common stock held by certain principal stockholders, officers and directors of Cvent.
Minnesota Thresher still owed $3.5 million in losses from the car company, so it made no sense that principal stockholders of the car company should get dividends when all related enterprises were losing money.
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