Shareholders would get clearer information about who controls company votes.
Shareholders would get clearer information about who controls company votes. This bill would require companies with different classes of stock to publicly share details about how much voting power top executives and major owners have. This aims to make it easier for regular investors to understand who truly influences company decisions.
Today, companies with different classes of stock are not explicitly required to disclose the specific voting power of their directors, top executives, or major owners. This applies to materials sent to shareholders. If this bill becomes law, the Securities and Exchange Commission would create rules. These rules would mandate companies to publicly share the number of shares and voting power held by key individuals, including anyone with 5% or more of the total voting power.
S 3831 · 119th Congress · February 11, 2026 · AI Summary by gemini-2.5-flash · 10/10
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2 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.