SEC Filing Analysis
Analyze 10-K, 10-Q, and 8-K filings to extract risk factors, related party transactions, litigation disclosures, and management discussion highlights.
70-80% reduction in filing analysis
Comprehensive extraction from lengthy documents
Compliance & Regulatory
The Problem
- ✗Length and density of SEC filings
- ✗Comparison across reporting periods
- ✗Identifying material changes
- ✗Extracting specific disclosures
- ✗Time constraints in deal contexts
How Claude Helps
Parses 10-K, 10-Q, and 8-K filings, extracts risk factors and MD&A highlights, identifies related party transactions, compares disclosures across periods, and generates analysis summaries.
Step-by-Step Workflow
Identify relevant filings
Locate filings on EDGAR for the target company and relevant periods.
Upload filing documents
Provide the SEC filing documents to Claude for processing.
Run extraction analysis
Claude parses the filing and extracts key sections and disclosures.
Review key disclosures
Examine extracted risk factors, MD&A, related party transactions, and legal proceedings.
Compare across periods
Analyze changes and trends across multiple reporting periods.
Generate analysis memo
Produce a comprehensive analysis summary with red flags and follow-up questions.
Example Prompt
Analyze this 10-K filing for Acme Corporation: EXTRACTION REQUESTED: RISK FACTORS - List all material risk factors - Categorize by type (operational, financial, regulatory, market) - Flag any new risks vs. prior year - Identify litigation-related risks MD&A HIGHLIGHTS - Revenue and profitability trends - Significant accounting policies - Known uncertainties - Liquidity and capital resources RELATED PARTY TRANSACTIONS - All disclosed related party dealings - Amounts and terms - Board approval process LEGAL PROCEEDINGS - All pending litigation - Material settlements - Government investigations OFF-BALANCE SHEET - Guarantees and commitments - Variable interest entities - Contingent obligations OUTPUT FORMAT: - Executive summary (1 page) - Detailed analysis by section - Red flags and areas of concern - Recommended follow-up questions
Frequently Asked Questions
Can Claude access EDGAR directly?
Provide the filing documents to Claude. For EDGAR access, download filings from SEC.gov.
How does Claude handle lengthy filings?
Claude's 200K token context window handles most SEC filings. For very long filings, consider section-by-section analysis.
Can Claude compare filings across years?
Yes. Upload multiple years' filings and request comparative analysis. Claude will identify changes and trends.