principal stockholder

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.
Sacramone and Brian McMahon, the other principal stockholder of Benchmark Builders prior to the 2017 sale of that company to the Company, have been granted effective voting control of the Companys capital stock and the ability to elect the members of the Companys Board of Directors, subject to certain contractual rights of the Companys lenders.
Of the total shares sold in the offering, 4m shares were placed with John Kim Scott, Jr., a principal stockholder in the company, who agreed to purchase such shares at a purchase price of USD 0.75 per share.
Of the total shares sold in the offering, 4,000,000 shares were placed with John Kim Scott, Jr., a principal stockholder in the Company, who agreed to purchase such shares at a purchase price of $0.75 per share.
Of the total shares in the public offering, about 4,000,000 shares were placed with the company's principal stockholder John Kim Scott, Jr.
soared by 354 percent this week, just a month after the company announced it was diversifying into mass housing through the acquisition of housing developer Bria Homes Inc.GoldenHaven said last month it would do a share swap transaction valued at roughly P3 billion with Bria Home's principal stockholder Cambridge Group Inc.
for around P3 billion via a share-swap transaction with the latter's principal stockholder, Cambridge Group Inc.
Leonard Mazur, Citius' chief executive officer is the chairman and principal stockholder of LMB.
Charles Doud, editor and principal stockholder, said there would be no staff cuts.
On September 12, 2013, at the company's annual shareholders meeting, Travelzoo shareholders voted in favor of the reverse/forward split, with the transaction receiving the votes of both a majority of the issued and outstanding shares of common stock and a majority of the issued and outstanding shares of common stock that are not held or controlled, directly or indirectly, by directors or officers of the company, including, without limitation, the shares held by Azzurro Capital Inc., our principal stockholder.
"Transitioning to an ESOP model gives us the opportunity to reward many of our long-term employees for their commitment and hard work over the years, as well as attract new employees," said Mark Johnson, chairman and principal stockholder of LSI.
(NYSE: TMH) said it has commenced a secondary offering of 8,000,000 shares of its common stock to be sold by its principal stockholder, Ensemble Parent.
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