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[Federal Register Volume 90, Number 9 (Wednesday, January 15, 2025)]
[Notices]
[Page 3983]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-00665]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-101, OMB Control No. 3235-0082]

Proposed Collection; Comment Request; Extension: Form 11-K

Upon Written Request Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736.

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Form 11-K (17 CFR 249.311) is the annual report designed for use by 
employee stock purchase, savings, and similar plans to comply with the 
reporting requirements under Section 15(d) of the Securities and 
Exchange Act of 1934 (the ``Exchange Act'') (15 U.S.C. 78o(d)). Section 
15(d) establishes a periodic reporting obligation for every issuer of a 
class of securities registered under the Securities Act of 1933 (the 
``Securities Act'') (15 U.S.C. 77a et seq.). Form 11-K provides 
employees of an issuer with financial information so that they can 
assess the performance of the investment vehicle or stock plan. We 
estimate that Form 11-K requires approximately internal 95.81 burden 
hours per response and that there is an average of approximately 941 
Form 11-K filings annually for a total of 90,157 internal burden hours 
annually (95.81 hours per response x 941 responses). We also estimate 
that Form 11-K requires a cost of approximately $7,525 per response for 
a total annual cost burden of $7,081,025 ($7,525 per response x 941 
responses).
    Written comments are invited on: (a) whether this proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden imposed by the collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information collected; 
and (d) ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication by March 17, 2025.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a 
currently valid control number.
    Please direct your written comment to Austin Gerig, Director/Chief 
Data Officer, Securities and Exchange Commission, c/o Tanya Ruttenberg, 
100 F Street NE, Washington, DC 20549 or send an email to: 
[email protected].

    Dated: January 8, 2025.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2025-00665 Filed 1-14-25; 8:45 am]
BILLING CODE 8011-01-P
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