SEC Seeks Feedback on Extending Employee Stock Form
Published Date: 9/22/2025
Notice
Summary
The SEC wants to keep using Form S-8, which companies file to register stocks for employee benefit plans. About 2,500 companies spend around 28 hours each year on this form, costing nearly $22 million in professional fees. The SEC is asking for public feedback by November 21, 2025, to make sure the form stays useful and not too burdensome.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Form S-8 Filing Burden Continues
If your company files Form S-8 to register securities for employee benefit plans, the SEC plans to continue that information collection. The SEC estimates about 2,541 respondents file once per year, each response takes about 28.25 hours (14.125 hours carried internally) for a total annual reporting burden of 35,892 hours and an external professional cost burden of $21,534,975 (based on $600/hour and 50% of the burden carried externally).
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