The difference is the timeline of acquired ownership of 5% or more of a public company's O/S.
SpongeBath
The Schedules are filed by entities or individuals with "beneficial ownership" of stock in a corporation. Generally, Schedule 13DSchedule 13D
An form that must be filed with the SEC under Rule 13D when a person or group acquiring more than 5% of any class of a company's shares to disclose this information within 10 days of the transaction.
..... Click the link for more information. is field by any person who acquires registered stock if, after the acquisition, the person owns 5% or more of that class of stock. Schedule 13D must be field within 10 days of the acquisition. Schedule 13GSchedule 13G
An SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party.
..... Click the link for more information. is a yearly reporting requirement for beneficial owners Beneficial Owner
A person who enjoys the benefits of ownership even though title is in another name.
Notes:
For example, when shares of a mutual fund are held by a custodian bank or when securities are held by a broker in street name, the true owner is the beneficial of 5% or more of any class of registered stock. Schedule 13G must be filed by February February: see month. 14 of the year following the calendar year covered. Because the Schedules can be field by entities such as investment advisers (who have no direct ownership in a corporation but instead hold stock for their clients), it may be necessary to attempt to obtain more detail regarding the filer. Temp. Regs. Sec. 1.382-2T(k)(3) states that taxpayers have a duty to inquirein·quire also en·quire
v. in·quired, in·quir·ing, in·quires
v.intr.
1. To seek information by asking a question: inquired about prices.
2.
..... Click the link for more information. as to the ownership of their stock.
