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UPDATES! Do senior executives or directors need to make personal SEC filings, such as Forms 4 and 5, for NQDC participation or distributions?

Plan participation itself does not trigger any SEC filings for senior executives, directors, and other company insiders. However, Section 16 filings are required if nonqualified deferred compensation for corporate insiders is put into company stock units in a phantom stock account. Filings are required at…

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