Understanding Form ID

The Form ID is the initial application presented to the SEC's EDGAR system, facilitating individuals or entities to obtain access codes essential for submitting securities holdings documentation.

Upon approval, the EDGAR system will dispense the following four distinct codes:

  1. Central Index Key (CIK): A unique identifier for filers, filing agents, and training agents, provisioned by the SEC during the initial application.
  2. CIK Confirmation Code (CCC): Utilized alongside the CIK in filing headers for verification purposes. It's confidential but may be shared with designated filing agents.
  3. Password (PW): Grants access for log-in, submission of filings, and altering the CCC.
  4. Password Modification Authorization Code (PMAC): Used exclusively for modifying the password.

In addition to these, a Passphrase is also generated during the submission phase.

For the purposes of filing, only the CIK and CCC are mandatory.

Completing the FORM ID procedure mandates a notarized signature from the applicant—be it an individual securities holder or a representative acting on behalf of a corporate entity. Following the submission, the EDGAR system typically requires a few days to produce the codes.

If the submitting party is an entity such as a corporation, partnership, or trust, it's essential to specify the capacity in which the authorized individual is endorsing the Form for the entity.