Dirty Words in SEC Stock Filings

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When I have free time on my hands and have nothing better to do, I look for dirty words on Securities and Exchange filings. Just kidding!

Surprisingly, several stocks have filed forms with the SEC that has the “S” word and the “F” word hidden away. And these aren’t just obscure companies. Some of these are famous names.

Sometimes the word is a typo, sometimes it is quoting from a conversation, and some times the company really means to say it.

The “S” Word

One example is Shopify (SHOP). On its Exhibit 1.1 for the Form 40-F [2016 Annual InformationForm], the “S” word is shown in the Culture & Employees section.

Shopify

LendingClub (LC) has what appears to be a typo for an occupation on its Form 424B3.

LendingClub

The “F” Word

Time Warner Cable (TWX) had an interesting quote in its Form 425 filing.

Time Warner Cable

These are just a few examples from the large companies. There are a few other filings with interesting words from companies that are not as well known.

Shit, I realized I got through writing this whole article without using one dirty four letter word.

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