The Advisors' Blog

– David Chun, Equilar

We recently released our latest reports on stock ownership guidelines for officers and directors. For officers, we found that 80.6 percent of Fortune 250 companies disclosed ownership guidelines, alone or in combination with holding requirements, in 2009. That’s a small rise from 2008, when 78.3 percent of companies disclosed them. In addition, 40.1 percent of F250 companies disclosed holding requirements, alone or in combination with ownership guidelines, in 2009. It’s a big jump from 2008, when 35.5 percent of companies disclosed them. Most of this rise is attributable to plans that use ownership guidelines and holding requirements in tandem. And the median value of target stock ownership for CEOs was approximately $6 million in 2009, roughly the same as in 2008.

On the director side, our new study found that 84.0 percent of Fortune 250 companies have some kind of ownership policy–an increase from 2008, when 82.1 percent had one. At companies with an ownership policy, the prevalence of ownership guidelines rose from 77.5 to 79.3 percent, while the prevalence of holding requirements rose from 19.2 to 19.8 percent. The median value of the target stock ownership level for directors was $262,850 in 2009.

You can request our executive ownership report separately from our director ownership report.