The US Securities and Exchange Commission proposed scaling back executive-pay disclosures on November 13, 2026, generally requiring public companies to detail compensation for only two executives—the CEO and CFO—instead of five or more, according to the Financial Times and Breaking The News. Source Source
These are proposed cuts to disclosure requirements, not cuts to executive compensation. Source Source
What would change in the pay disclosures
The perks-reporting threshold would rise from $10,000 to $150,000, both outlets report. That's a fifteenfold increase, not a rounding adjustment. The perks involved can include private jet travel, the FT notes. The dollar amounts are disclosure thresholds, not limits on what executives may receive. Source Source
- CEO pay ratio benchmark: The ratio compares the CEO's pay with the pay of the median employee, the worker at the midpoint when employees are ranked by pay. Companies subject to the rule would identify that employee every five years, using only full-time US employees, according to Breaking The News. The five-year interval concerns identifying that benchmark employee; the reports don't establish a change to how often companies must disclose the ratio. Source Source
- Compensation tables: Four main compensation tables would be replaced with three, Breaking The News reports. Its account does not detail the replacement tables or their contents. Source
Less volume is the SEC's pitch
The agency presents the overhaul as a way to focus disclosures on information that matters to investors, rather than simply producing more of it. The FT quotes the SEC saying the changes would “refocus” disclosures on “material information and improve investors’ ability to track equity awards through their lifecycle”. Source
Requiring details for fewer executives would narrow mandatory disclosure, not merely make the same information a breezier read. Source Source
Breaking The News reports that the proposal would be open for public comment for 60 days after publication in the Federal Register. Neither report establishes a publication date or an exact comment deadline. Source Source
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