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 PodcastWilson Sonsini
Glass Lewis Releases 2026 Benchmark Policy Guidelines
Posted on
Posted in Governance Policies
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 GuidelinesSEC Filing Deadline Calendars for 2026
Posted on
Posted in Miscellaneous, SEC Reporting
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
Posted on
Posted in Corporate Governance, ESG
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 Injunction5 Key Reminders for Upcoming Form 10-K Filings
Posted on
Posted in Corporate Governance, SEC Reporting
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
Posted on
Posted in Miscellaneous
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
Posted on
Posted in Corporate Governance
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 ReportISS Releases 2026 Benchmark Policy Updates
Posted on
Posted in Corporate Governance
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 UpdatesSneak Peek: ESG Reports in 2025 SV150 Corporate Governance Report
Posted on
Posted in Corporate Governance
Wilson Sonsini annually publishes the Silicon Valley 150 Corporate Governance Report, which analyzes the governance practices and disclosures of the Valley’s largest public companies. The report uses the Lonergan SV150[1], which includes the top 150 public companies (by annual sales) with headquarters in Silicon Valley.
We will soon be publishing the 2025 report and wanted to preview some early data points. This blog post discusses the report’s findings on environmental, social, and governance or sustainability reports (ESG Reports). The contents of these ESG Reports and the frequency with which companies publish them differ significantly from company to company.
Continue Reading Sneak Peek: ESG Reports in 2025 SV150 Corporate Governance ReportRule 10b5-1 Trading Plan Guidelines: A Survey of the SV150
Posted on
Posted in Corporate Governance
Our recently published report, Rule 10b5-1 Trading Plan Guidelines: A Survey of the SV150, provides an in-depth analysis of the Rule 10b5-1 trading plan guidelines of 75 companies in the Lonergan SV150. The report examines several key elements of these guidelines including cooling-off periods, minimum terms and maximum terms…
Continue Reading Rule 10b5-1 Trading Plan Guidelines: A Survey of the SV150