Volume, sentiment, and materiality across the SEC filings Gunpowder analyzes — computed from the live corpus at every site build, scored by the same pipeline that powers our daily digests.
Gunpowder Alerts has analyzed 92,063 filings across 2,890 daily digests since February 2025 — every number below is recomputed from that corpus at each site build.
Data through · statistics describe Gunpowder’s analyzed corpus, not all of EDGAR · how we score filings
The 8-K is the SEC’s current report — the form a US public company must file within four business days of a material event: an acquisition, a CEO departure, a bankruptcy, a delisting notice. Because it is event-driven rather than calendar-driven, the 8-K is the closest thing EDGAR has to a real-time news wire.
The 10-K is the audited annual report — the most complete document a US public company files, covering the business model, risk factors, audited financials, and management’s discussion of results. Deadlines run 60 to 90 days after fiscal year-end depending on filer size, which concentrates volume into a pronounced annual filing season.
The 10-Q is the unaudited quarterly report, filed for each of the first three fiscal quarters — the fourth folds into the annual 10-K. It is the market’s regular pulse-check between annual reports: revenue, margins, liquidity, and the footnote changes that move estimates.
The DEF 14A — the definitive proxy statement — is where shareholders see governance up close: board nominees, executive pay, auditor ratification, and shareholder proposals ahead of the annual meeting. This page also rolls in the proxy family’s EDGAR variants: DEFA14A additional soliciting materials and DEFM14A merger proxies.
The S-1 is the registration statement that takes a private company public — the first complete look at an IPO candidate’s financials, risk factors, and cap table. S-1s are amended repeatedly (S-1/A) as the SEC comments and deal terms firm up, so amendment volume here tracks the back-and-forth of live IPO pipelines.
The 13F is the quarterly holdings report that institutional investment managers overseeing $100 million or more in US-listed securities must file with the SEC, within 45 days of each quarter’s end. It is the public’s main window into what hedge funds, banks, and large advisers hold on the long side — a portfolio snapshot rather than an event, which is why 13F volume clusters into four filing waves a year.
Form 425 is how companies file the written communications they make about a merger or acquisition — press releases, investor decks, and similar materials — when stock is being offered in the deal. Required by Rule 425 under the Securities Act, 425s start appearing from a deal’s first public announcement, which makes their volume a rough proxy for how busy the stock-deal market is.
The 20-F is the annual report that foreign private issuers — non-US companies whose securities trade on US exchanges — file with the SEC, within four months of fiscal year-end. It is the international counterpart to the domestic 10-K, and because foreign issuers file no quarterly 10-Qs, the 20-F carries an outsized share of what these companies disclose all year.
Form types with at least 50 analyzed filings.
| Form type | Filings |
|---|---|
| 8-K | 44,369 |
| 4 | 10,070 |
| 10-Q | 5,745 |
| 10-K | 5,340 |
| DEF 14A | 5,124 |
| 13F-HR | 3,717 |
| DEFA14A | 2,611 |
| 425 | 1,763 |
| 6-K | 1,521 |
| SC 13G/A | 984 |
| SC 13G | 841 |
| Merger/Acquisition | 794 |
| S-1 | 772 |
| 20-F | 741 |
| SC 13D/A | 711 |
| S-1/A | 667 |
| Insolvency | 552 |
| 8-K/A | 462 |
| 497K | 373 |
| Regulatory Action | 322 |
| 10-K/A | 296 |
| S-4 | 264 |
| Open Offer | 235 |
| S-3 | 230 |
| SC 13D | 200 |
| DEFM14A | 197 |
| Default | 176 |
| 497J | 175 |
| 25-NSE | 156 |
| 40-F | 144 |
| F-1 | 119 |
| Encumbrance | 109 |
| Corporate Governance | 102 |
| S-4/A | 100 |
| SC TO-I/A | 99 |
| SC TO-I | 98 |
| SC 14D9/A | 82 |
| Market Notice | 79 |
| 485BXT | 73 |
| Rate Change | 72 |
| 10-Q/A | 67 |
| S-3/A | 67 |
| Buyback | 65 |
| Fraud Investigation | 65 |
| 20-F/A | 64 |
| SH06 | 61 |
| IPO Listing | 57 |
| PREM14A | 56 |
| SH03 | 55 |
| Company Update | 54 |
| Rumour Verification | 51 |
Pipeline-assigned sentiment at analysis time, 90,378 scored filings.
| Positive | 16,640 (18%) | |
|---|---|---|
| Neutral | 45,209 (50%) | |
| Mixed | 20,453 (23%) | |
| Negative | 8,076 (9%) | |
Filings analyzed by Gunpowder per calendar month, by filing date.
| Month | Filings | Relative volume |
|---|---|---|
| Feb 2025 | 2 | |
| Mar 2025 | 0 | |
| Apr 2025 | 0 | |
| May 2025 | 0 | |
| Jun 2025 | 0 | |
| Jul 2025 | 0 | |
| Aug 2025 | 0 | |
| Sep 2025 | 0 | |
| Oct 2025 | 0 | |
| Nov 2025 | 0 | |
| Dec 2025 | 95 | |
| Jan 2026 | 0 | |
| Feb 2026 | 1,332 | |
| Mar 2026 | 22,405 | |
| Apr 2026 | 16,452 | |
| May 2026 | 14,390 | |
| Jun 2026 | 13,624 | |
| Jul 2026 | 11,688 | |
| Aug 2026 | 10,994 | |
| Sep 2026 | 1,081 | |
New to SEC filings? The Learn section explains each form in plain English — what it is, who files it, and on what deadline — and links back to the live numbers on these pages.