Filings a company makes when something has gone wrong, or is about to: a missed reporting deadline (NT 10-K/Q), a delisting from its exchange (Form 25), a deregistration that ends SEC reporting altogether (Form 15), or an insider's notice of intent to sell restricted stock (Form 144). Any one can be routine — Form 144s are filed constantly, and a late filing is sometimes just a late filing — so what is worth reading here is the pattern and the timing.
As previously disclosed in our Current Report on Form 8-K filed on March 30, 2020 (the “COVID 8-K”), Sanchez Energy Corporation (the “Company,” “we,” “our,” “us” or similar terms) is relying on the...
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