Insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Karyopharm Therapeutics Inc. (KPTI) since 2015 are shown in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Karyopharm Therapeutics Inc.. (See page 1 of this report.) Table 2 shows the detailed insider transactions. This company's CIK number is 1503802.
Total stock buying since 2015: $2,063,182.
Total stock sales since 2015: $66,196,049.
Total stock option exercises since 2015: $5,268,800.
| Insider Buying | Insider Sales | Option Exercises | ||||
|---|---|---|---|---|---|---|
| Year | Shares | Value | Shares | Value | Shares | Value |
| 2025 | 0 | $0 | 41,047 | $177,872 | 0 | $0 |
| 2024 | 0 | $0 | 2,025,843 | $2,009,785 | 0 | $0 |
| 2023 | 0 | $0 | 161,745 | $432,827 | 0 | $0 |
| 2022 | 0 | $0 | 658,997 | $4,646,033 | 7,576 | $11,250 |
| 2021 | 27,250 | $231,276 | 86,264 | $1,277,051 | 184,025 | $0 |
| 2020 | 0 | $0 | 643,696 | $11,943,521 | 708,450 | $3,557,164 |
| 2019 | 0 | $0 | 1,859,674 | $10,981,244 | 225,407 | $997,830 |
| 2018 | 0 | $0 | 1,432,153 | $26,187,121 | 505,000 | $578,316 |
| 2017 | 0 | $0 | 88,458 | $904,593 | 92,000 | $123,059 |
| 2016 | 0 | $0 | 462,073 | $4,110,867 | 45,000 | $0 |
| 2015 | 56,454 | $1,831,906 | 115,000 | $3,525,135 | 10,738 | $1,181 |
| Trade Date | Insider Name | Trade Type | Shares | Price ($) | Value ($) |
|---|---|---|---|---|---|
| 2018-11-07 | Kauffman Michael (Chief Executive Officer) | Option Ex | 12,500 | .03 | 412 |
| 2018-10-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 12.63 | 126,300 |
| 2018-10-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | 4.75 | 47,520 |
| 2018-10-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 12.63 | 126,300 |
| 2018-10-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | 4.75 | 47,520 |
| 2018-10-08 | Shacham Sharon (President & CSO) | Sale | 12,500 | 15.76 | 197,012 |
| 2018-10-08 | Shacham Sharon (President & CSO) | Option Ex | 12,500 | .03 | 412 |
| 2018-10-08 | Kauffman Michael (Chief Executive Officer) | Sale | 12,500 | 15.76 | 197,012 |
| 2018-10-08 | Kauffman Michael (Chief Executive Officer) | Option Ex | 12,500 | .03 | 412 |
| 2018-09-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 18.26 | 182,620 |
| 2018-09-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | 4.75 | 47,520 |
| 2018-09-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 18.26 | 182,620 |
| 2018-09-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | 4.75 | 47,520 |
| 2018-09-10 | Primiano Christopher Brett (EVP, CBO, GC & Secretary) | Sale | 10,000 | 18.91 | 189,050 |
| 2018-09-10 | Primiano Christopher Brett (EVP, CBO, GC & Secretary) | Option Ex | 10,000 | 8.46 | 84,650 |
| 2018-09-07 | Shacham Sharon (President & CSO) | Sale | 12,500 | 19.31 | 241,387 |
| 2018-09-07 | Shacham Sharon (President & CSO) | Option Ex | 12,500 | .03 | 412 |
| 2018-09-07 | Kauffman Michael (Chief Executive Officer) | Sale | 12,500 | 19.31 | 241,387 |
| 2018-09-07 | Kauffman Michael (Chief Executive Officer) | Option Ex | 12,500 | .03 | 412 |
| 2018-09-06 | Smolokowski Wiaczeslaw | Sale | 4,800 | 20.52 | 98,472 |
| 2018-09-05 | Smolokowski Wiaczeslaw | Sale | 160,000 | 21.06 | 3,370,240 |
| 2018-09-04 | Smolokowski Wiaczeslaw | Sale | 40,000 | 20.60 | 824,080 |
| 2018-08-31 | Smolokowski Wiaczeslaw | Sale | 11,468 | 21.05 | 241,401 |
| 2018-08-30 | Smolokowski Wiaczeslaw | Sale | 200,000 | 21.00 | 4,200,000 |
| 2018-08-30 | Mirza Mansoor Raza (Director) | Sale | 2,500 | 21.00 | 52,500 |
| 2018-08-30 | Mirza Mansoor Raza (Director) | Option Ex | 2,500 | 3.56 | 8,910 |
| 2018-08-29 | Smolokowski Wiaczeslaw | Sale | 200,000 | 19.59 | 3,918,200 |
| 2018-08-29 | Mirza Mansoor Raza (Director) | Sale | 2,500 | 20.00 | 50,000 |
| 2018-08-29 | Mirza Mansoor Raza (Director) | Option Ex | 2,500 | 1.49 | 3,712 |
| 2018-08-27 | Smolokowski Wiaczeslaw | Sale | 14,026 | 18.52 | 259,775 |
| 2018-08-20 | Shacham Sharon (President & CSO) | Sale | 10,000 | 17.46 | 174,570 |
| 2018-08-20 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | 4.75 | 47,520 |
| 2018-08-20 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 17.46 | 174,570 |
| 2018-08-20 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | 4.75 | 47,520 |
| 2018-08-10 | Smolokowski Wiaczeslaw | Sale | 702 | 18.50 | 12,987 |
| 2018-08-09 | Smolokowski Wiaczeslaw | Sale | 67,474 | 18.51 | 1,248,808 |
| 2018-08-08 | Smolokowski Wiaczeslaw | Sale | 2,800 | 18.61 | 52,099 |
| 2018-08-07 | Smolokowski Wiaczeslaw | Sale | 10,602 | 18.60 | 197,197 |
| 2018-08-07 | Shacham Sharon (President & CSO) | Sale | 12,500 | 18.05 | 225,562 |
| 2018-08-07 | Shacham Sharon (President & CSO) | Option Ex | 12,500 | .03 | 412 |
| 2018-08-07 | Kauffman Michael (Chief Executive Officer) | Sale | 12,500 | 18.05 | 225,562 |
| 2018-08-07 | Kauffman Michael (Chief Executive Officer) | Option Ex | 12,500 | .03 | 412 |
| 2018-07-25 | Smolokowski Wiaczeslaw | Sale | 895 | 18.52 | 16,570 |
| 2018-07-24 | Smolokowski Wiaczeslaw | Sale | 9,144 | 18.63 | 170,343 |
| 2018-07-23 | Smolokowski Wiaczeslaw | Sale | 20,000 | 18.66 | 373,220 |
| 2018-07-20 | Smolokowski Wiaczeslaw | Sale | 26,742 | 19.21 | 513,794 |
| 2018-07-19 | Smolokowski Wiaczeslaw | Sale | 100,000 | 18.90 | 1,889,900 |
| 2018-07-18 | Smolokowski Wiaczeslaw | Sale | 30,000 | 18.53 | 556,020 |
| 2018-07-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 18.27 | 182,689 |
| 2018-07-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | 1.68 | 16,830 |
| 2018-07-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 18.27 | 182,689 |
| 2018-07-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | 1.68 | 16,830 |
| 2018-07-17 | Smolokowski Wiaczeslaw | Sale | 17,346 | 18.50 | 320,901 |
| 2018-07-16 | Smolokowski Wiaczeslaw | Sale | 2,654 | 18.52 | 49,160 |
| 2018-07-09 | Shacham Sharon (President & CSO) | Sale | 12,500 | 18.72 | 233,987 |
| 2018-07-09 | Shacham Sharon (President & CSO) | Option Ex | 12,500 | .03 | 412 |
| 2018-07-09 | Kauffman Michael (Chief Executive Officer) | Sale | 12,500 | 18.72 | 233,987 |
| 2018-07-09 | Kauffman Michael (Chief Executive Officer) | Option Ex | 12,500 | .03 | 412 |
| 2018-06-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 18.66 | 186,560 |
| 2018-06-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-06-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 18.66 | 186,560 |
| 2018-06-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-06-07 | Shacham Sharon (President & CSO) | Sale | 10,000 | 17.30 | 172,990 |
| 2018-06-07 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .15 | 1,490 |
| 2018-06-07 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 17.30 | 172,990 |
| 2018-06-07 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .15 | 1,490 |
| 2018-05-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 19.39 | 193,870 |
| 2018-05-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-05-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 19.39 | 193,870 |
| 2018-05-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-05-10 | Primiano Christopher Brett (EVP, CBO, GC & Secretary) | Sale | 2,000 | 18.01 | 36,024 |
| 2018-05-10 | Mirza Mansoor Raza (Director) | Sale | 2,000 | 18.00 | 36,000 |
| 2018-05-10 | Mirza Mansoor Raza (Director) | Option Ex | 2,000 | .88 | 1,750 |
| 2018-05-07 | Shacham Sharon (President & CSO) | Sale | 10,000 | 16.77 | 167,750 |
| 2018-05-07 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-04-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 14.79 | 147,880 |
| 2018-04-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-04-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 14.79 | 147,880 |
| 2018-04-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-04-09 | Shacham Sharon (President & CSO) | Sale | 10,000 | 12.48 | 124,830 |
| 2018-04-09 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-04-09 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 12.48 | 124,830 |
| 2018-04-09 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-03-19 | Shacham Sharon (President & CSO) | Sale | 10,000 | 15.29 | 152,900 |
| 2018-03-19 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-03-19 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 15.29 | 152,900 |
| 2018-03-19 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-03-12 | Mirza Mansoor Raza (Director) | Sale | 2,500 | 17.01 | 42,525 |
| 2018-03-12 | Mirza Mansoor Raza (Director) | Option Ex | 2,500 | .26 | 660 |
| 2018-03-07 | Shacham Sharon (President & CSO) | Sale | 10,000 | 16.15 | 161,460 |
| 2018-03-07 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-03-07 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 16.15 | 161,460 |
| 2018-03-07 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-03-05 | Primiano Christopher Brett (EVP, CBO, GC & Secretary) | Sale | 2,500 | 16.03 | 40,075 |
| 2018-03-05 | Mirza Mansoor Raza (Director) | Sale | 2,500 | 16.00 | 40,000 |
| 2018-03-05 | Mirza Mansoor Raza (Director) | Option Ex | 2,500 | .26 | 660 |
| 2018-02-20 | Shacham Sharon (President & CSO) | Sale | 10,000 | 14.79 | 147,870 |
| 2018-02-20 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-02-20 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 14.79 | 147,870 |
| 2018-02-20 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-02-16 | Primiano Christopher Brett (EVP, CBO, GC & Secretary) | Sale | 1,486 | 15.01 | 22,297 |
| 2018-02-15 | Primiano Christopher Brett (EVP, CBO, GC & Secretary) | Sale | 1,014 | 15.02 | 15,229 |
| 2018-02-08 | Mirza Mansoor Raza (Director) | Sale | 1,500 | 14.00 | 21,000 |
| 2018-02-08 | Mirza Mansoor Raza (Director) | Option Ex | 1,500 | .26 | 396 |
| 2018-02-07 | Primiano Christopher Brett (EVP, CBO, GC & Secretary) | Sale | 1,500 | 13.00 | 19,500 |
| 2018-02-07 | Shacham Sharon (President & CSO) | Sale | 10,000 | 12.51 | 125,050 |
| 2018-02-07 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-02-07 | Mirza Mansoor Raza (Director) | Sale | 1,500 | 13.00 | 19,500 |
| 2018-02-07 | Mirza Mansoor Raza (Director) | Option Ex | 1,500 | .26 | 396 |
| 2018-02-07 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 12.51 | 125,050 |
| 2018-02-07 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-01-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 10.09 | 100,879 |
| 2018-01-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-01-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 10.09 | 100,879 |
| 2018-01-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-01-08 | Shacham Sharon (President & CSO) | Sale | 10,000 | 10.08 | 100,770 |
| 2018-01-08 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2018-01-08 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 10.08 | 100,770 |
| 2018-01-08 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2017-12-18 | Shacham Sharon (President & CSO) | Sale | 10,000 | 9.15 | 91,550 |
| 2017-12-18 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2017-12-18 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 9.15 | 91,550 |
| 2017-12-18 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2017-12-12 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Sale | 17,000 | 9.76 | 165,903 |
| 2017-12-12 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Option Ex | 17,000 | 6.54 | 111,180 |
| 2017-12-11 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Sale | 10,042 | 10.88 | 109,256 |
| 2017-12-07 | Shacham Sharon (President & CSO) | Sale | 10,000 | 10.39 | 103,900 |
| 2017-12-07 | Shacham Sharon (President & CSO) | Option Ex | 10,000 | .26 | 2,640 |
| 2017-12-07 | Kauffman Michael (Chief Executive Officer) | Sale | 10,000 | 10.39 | 103,900 |
| 2017-12-07 | Kauffman Michael (Chief Executive Officer) | Option Ex | 10,000 | .26 | 2,640 |
| 2017-11-07 | Frenkel Ran (Chief Dev Operations Officer) | Sale | 4,958 | 11.25 | 55,757 |
| 2017-11-07 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Sale | 4,958 | 11.25 | 55,757 |
| 2017-11-05 | Frenkel Ran (Chief Dev Operations Officer) | Option Ex | 15,000 | .00 | 0 |
| 2017-11-05 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Option Ex | 15,000 | .00 | 0 |
| 2017-10-02 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Sale | 1,500 | 12.00 | 18,000 |
| 2017-10-02 | Mirza Mansoor Raza (Director) | Sale | 2,000 | 12.00 | 24,000 |
| 2017-10-02 | Mirza Mansoor Raza (Director) | Option Ex | 2,000 | .26 | 528 |
| 2017-09-15 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Sale | 2,000 | 11.00 | 22,000 |
| 2017-09-15 | Mirza Mansoor Raza (Director) | Sale | 2,882 | 11.00 | 31,702 |
| 2017-09-15 | Mirza Mansoor Raza (Director) | Option Ex | 2,882 | .26 | 760 |
| 2017-09-11 | Mirza Mansoor Raza (Director) | Sale | 118 | 11.00 | 1,298 |
| 2017-09-11 | Mirza Mansoor Raza (Director) | Option Ex | 118 | .26 | 31 |
| 2017-08-29 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Sale | 2,195 | 10.00 | 21,950 |
| 2017-06-26 | Primiano Christopher Brett (SVP, OPS, BUS DEV, GC & SEC) | Sale | 805 | 10.03 | 8,070 |
| 2016-11-14 | Frenkel Ran (Chief Dev Operations Officer) | Sale | 3,309 | 10.06 | 33,285 |
| 2016-11-09 | Primiano Christopher Brett (SVP,CORP DEV,GEN COUNSEL&SEC.) | Sale | 4,342 | 8.19 | 35,543 |
| 2016-11-09 | Renz Justin A (EVP, CFO & Treasurer) | Sale | 4,342 | 8.19 | 35,543 |
| 2016-11-05 | Frenkel Ran (Chief Dev Operations Officer) | Option Ex | 15,000 | .00 | 0 |
| 2016-11-05 | Primiano Christopher Brett (SVP,CORP DEV,GEN COUNSEL&SEC.) | Option Ex | 15,000 | .00 | 0 |
| 2016-11-05 | Renz Justin A (EVP, CFO & Treasurer) | Option Ex | 15,000 | .00 | 0 |
| 2016-06-23 | Smolokowski Wiaczeslaw | Sale | 18,824 | 8.03 | 151,081 |
| 2016-06-13 | Smolokowski Wiaczeslaw | Sale | 7,074 | 8.51 | 60,213 |
| 2016-06-09 | Smolokowski Wiaczeslaw | Sale | 30,000 | 9.14 | 274,110 |
| 2016-06-08 | Smolokowski Wiaczeslaw | Sale | 15,541 | 9.34 | 145,184 |
| 2016-06-07 | Smolokowski Wiaczeslaw | Sale | 20,000 | 9.25 | 185,080 |
| 2016-06-06 | Smolokowski Wiaczeslaw | Sale | 20,000 | 9.22 | 184,460 |
| 2016-06-02 | Smolokowski Wiaczeslaw | Sale | 17,855 | 9.65 | 172,247 |
| 2016-06-01 | Smolokowski Wiaczeslaw | Sale | 17,568 | 9.64 | 169,320 |
| 2016-05-31 | Smolokowski Wiaczeslaw | Sale | 17,096 | 9.66 | 165,078 |
| 2016-05-27 | Smolokowski Wiaczeslaw | Sale | 40,000 | 9.58 | 383,200 |
| 2016-05-26 | Smolokowski Wiaczeslaw | Sale | 18,182 | 9.59 | 174,292 |
| 2016-05-25 | Smolokowski Wiaczeslaw | Sale | 27,940 | 9.83 | 274,538 |
| 2016-05-23 | Smolokowski Wiaczeslaw | Sale | 33,932 | 8.77 | 297,413 |
| 2016-05-20 | Smolokowski Wiaczeslaw | Sale | 40,000 | 8.52 | 340,760 |
| 2016-05-19 | Smolokowski Wiaczeslaw | Sale | 20,000 | 8.18 | 163,640 |
| 2016-05-18 | Smolokowski Wiaczeslaw | Sale | 30,000 | 8.15 | 244,500 |
| 2016-05-17 | Smolokowski Wiaczeslaw | Sale | 33,800 | 8.15 | 275,470 |
| 2016-05-16 | Smolokowski Wiaczeslaw | Sale | 10,000 | 8.01 | 80,070 |
| 2016-05-13 | Smolokowski Wiaczeslaw | Sale | 400 | 8.01 | 3,203 |
| 2016-05-11 | Smolokowski Wiaczeslaw | Sale | 11,868 | 8.41 | 99,857 |
| 2016-05-10 | Smolokowski Wiaczeslaw | Sale | 20,000 | 8.14 | 162,780 |
| 2015-12-08 | Mirza Mansoor Raza (Director) | Sale | 15,000 | 15.01 | 225,135 |
| 2015-12-08 | Mirza Mansoor Raza (Director) | Option Ex | 10,738 | .11 | 1,181 |
| 2015-04-07 | Frenkel Ran (EVP, WW Development Operations) | Buy | 2,000 | 33.00 | 66,000 |
| 2015-04-06 | Frenkel Ran (EVP, WW Development Operations) | Buy | 1,000 | 29.43 | 29,430 |
| 2015-04-02 | Renz Justin A (EVP, CFO & Treasurer) | Buy | 5,000 | 29.71 | 148,555 |
| 2015-04-02 | Greene Barry E (Director) | Buy | 3,000 | 29.31 | 87,939 |
| 2015-01-12 | Shacham Sharon (President & CSO) | Sale | 50,000 | 33.00 | 1,650,000 |
| 2015-01-12 | Kauffman Michael (Chief Executive Officer) | Sale | 50,000 | 33.00 | 1,650,000 |
| 2015-01-12 | Pakianathan Deepika (Director) | Buy | 45,454 | 33.00 | 1,499,982 |
Insider trading activities including stock purchases, stock sales, and option exercises of KPTI listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of Karyopharm Therapeutics Inc. (symbol KPTI, CIK number 1503802) see the Securities and Exchange Commission (SEC) website.