Between January and March 2026, Gunpowder analyzed 23,126 US SEC filings from 4,037 companies. 8-K filings led the quarter at 13,143, ahead of 10-K (4,128) and DEF 14A (1,744).
23,126
filings analyzed
4,037
companies covered
8/10
median materiality
54%
high materiality (8+)
The figures here describe the SEC filings Gunpowder analyzed during the quarter — a market-focused corpus concentrated on the major US indices, scored for sentiment and materiality by our pipeline at analysis time. They are a sample of EDGAR, not a census of it.
Filing volume by month
Filings analyzed per month across the quarter, by filing date.
| Feb 2026 | 1,283 | |
|---|---|---|
| Mar 2026 | 21,843 |
Most common filing types
The twelve form types Gunpowder analyzed most in Q1 2026. Linked types have a plain-English explainer.
| 8-K | 13,143 | |
|---|---|---|
| 10-K | 4,128 | |
| DEF 14A | 1,744 | |
| DEFA14A | 810 | |
| 425 | 616 | |
| 497K | 373 | |
| 20-F | 329 | |
| 10-Q | 317 | |
| 8-K/A | 225 | |
| 497J | 175 | |
| S-1/A | 166 | |
| 40-F | 132 |
Sentiment of the quarter
Of the 22,637 filings our pipeline scored for sentiment, 25% read positive and 5% negative, with the remainder neutral or mixed.
| Positive | 5,686 (25%) | |
|---|---|---|
| Neutral | 9,214 (41%) | |
| Mixed | 6,666 (29%) | |
| Negative | 1,071 (5%) |
The IPO and M&A pipelines
The new-issue pipeline showed 277 S-1 and S-1/A registrations in the quarter, while 616 Form 425 merger communications tracked stock-deal activity. For the institutional side, see the 13F statistics; the full by-type breakdown lives on our stats pages.
Most active companies
Companies with the most analyzed filings in Q1 2026.
| Company | Ticker | Filings |
|---|---|---|
| Artificial Intelligence Technology Solutions Inc. | AITX | 131 |
| NEWS CORP | NWS | 87 |
| Pelican Acquisition Corp | PELIR | 67 |
| AParadise Acquisition Corp. | APADU | 49 |
| MONROE CAPITAL Corp | MRCC | 43 |
| NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND | NMZ | 43 |
| COCA-COLA EUROPACIFIC PARTNERS plc | CCEP | 40 |
| Braemar Hotels & Resorts Inc. | BHR-PD | 37 |
| Bleichroeder Acquisition Corp. II | BBCQU | 33 |
| ProCap Financial, Inc. | BRRWW | 33 |
| GENCO SHIPPING & TRADING LTD | GNK | 30 |
| Aptiv PLC | APTV | 29 |
The quarter’s most material filings
Highest-scoring filings of Q1 2026 — each links to the digest that analyzed it.
- Sun Country Airlines Holdings, Inc. · DEFM14A · 10/10 ·
- Trailblazer Holdings, Inc. · 8-K · 10/10 ·
- UNITED SECURITY BANCSHARES · 8-K · 10/10 ·
- FARADAY FUTURE INTELLIGENT ELECTRIC INC. · 10-K · 10/10 ·
- ROSS STORES, INC. · 10-K · 10/10 ·
- BlockchAIn Digital Infrastructure, Inc. · 10-K · 10/10 ·
- LIPELLA PHARMACEUTICALS INC. · 8-K · 10/10 ·
- Centessa Pharmaceuticals plc · DEFA14A · 10/10 ·
This report is a quarterly look back. Gunpowder analyzes these filings the day they’re published — sentiment, materiality, and what changed — and alerts you in real time across email, Slack, Telegram, and Discord.
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