On December 22, 2025, the U.S. Securities and Exchange Commission announced that the EDGAR system will be closed Wednesday, December 24, 2025, through Friday, December 26, 2025.1 As a result, on those days, filings will not be accepted in EDGAR, EDGAR filing websites will not be operational, and EDGAR
Continue Reading EDGAR Will Be Closed December 24-26, 2025Wilson Sonsini
EU Rolls Back CSRD Reporting and Corporate Sustainability Due Diligence Obligations
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Our recent Client Alert outlines how recent amendments approved by the European Parliament will substantially reduce the scope of the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), and are expected to exempt a significant proportion of companies that are currently in scope. Companies that…
Continue Reading EU Rolls Back CSRD Reporting and Corporate Sustainability Due Diligence ObligationsWilson Sonsini’s 2025 SV150 Corporate Governance Survey Highlighted on Boardroom Governance Podcast
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Wilson Sonsini partner and Known Trends Editorial Board member Richard Blake recently joined Evan Epstein on the Boardroom Governance Podcast to discuss Wilson Sonsini’s 2025 Silicon Valley 150 Corporate Governance Report. Richard and Evan talk about some of the findings, including notable shifts in DEI disclosure, evolving approaches to…
Continue Reading Wilson Sonsini’s 2025 SV150 Corporate Governance Survey Highlighted on Boardroom Governance PodcastGlass Lewis Releases 2026 Benchmark Policy Guidelines
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On December 4, 2025, Glass Lewis released its 2026 Benchmark Policy Guidelines for the United States, which will apply to shareholder meetings held after January 1, 2026. Key updates, which are described in more detail in the Benchmark Policy, include:Continue Reading Glass Lewis Releases 2026 Benchmark Policy Guidelines
SEC Filing Deadline Calendars for 2026
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Our U.S. Securities and Exchange Commission (SEC) filing deadline calendars for 2026 have been posted on our Resources page. These calendars reflect annual and quarterly filing deadlines for large accelerated filers, accelerated filers, and non-accelerated filers with a December 31 fiscal year-end.
As a reminder, the timing for the filing…
Continue Reading SEC Filing Deadline Calendars for 2026CARB Announces Non-Enforcement of SB 261 Amid Ninth Circuit Injunction
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On December 1, 2025, the California Air Resources Board (CARB) announced in an enforcement advisory that it would not enforce SB 261 against covered companies that do not submit climate-related financial risk reports (Risk Reports) by the January 1, 2026, deadline. This announcement follows the Ninth Circuit Court of Appeals’ (Ninth Circuit) injunction against the enforcement of SB 261 during the pendency of appellate proceedings in litigation challenging SB 261 and SB 253. For more information on the Ninth Circuit’s injunction, please see our client alert.Continue Reading CARB Announces Non-Enforcement of SB 261 Amid Ninth Circuit Injunction
5 Key Reminders for Upcoming Form 10-K Filings
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As the year-end reporting season approaches, our recent Client Alert discusses five key reminders for annual reports on Form 10-K to be filed in early 2026: (1) refresh MD&A and risk factor disclosure; (2) give due consideration to staff comment letters; (3) confirm the company’s filer status; (4) review and…
Continue Reading 5 Key Reminders for Upcoming Form 10-K FilingsEvent Alert: Wilson Sonsini’s MCLE Days, December 17, February 25, and March 11
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Wilson Sonsini is pleased to offer MCLE Days, an expanded series of three programs to meet your MCLE requirements. The first and second MCLE Days will be held virtually on Wednesday, December 17, 2025 (details below), and Wednesday, February 25, 2026, respectively, from 9:00 a.m. – 12:00 p.m. PT.
Continue Reading Event Alert: Wilson Sonsini’s MCLE Days, December 17, February 25, and March 112025 Silicon Valley 150 Corporate Governance Report
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We are pleased to share our 2025 Silicon Valley 150 Corporate Governance Report, which reviews the corporate governance practices and disclosures of Silicon Valley’s largest public companies. The report includes information regarding board matters, officer matters, defensive measures, proxy statement disclosures, environmental, social, and governance (ESG) and sustainability reporting, stockholder proposals, activism, and executive compensation of the SV150 companies.Continue Reading 2025 Silicon Valley 150 Corporate Governance Report
ISS Releases 2026 Benchmark Policy Updates
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On November 25, 2025, ISS Governance released its 2026 Benchmark Policy Updates, effective for shareholder meetings on or after February 1, 2026. Our recent Client Alert discusses key updates for U.S. companies. For 2026, ISS is updating its U.S. proxy voting guidelines on problematic capital structures – unequal voting…
Continue Reading ISS Releases 2026 Benchmark Policy Updates