Schedule TO

Forms and Documents

Document	Type	Status	Availability
3235-0515_30-Day Submission Notice.pdf.pdf	Supplementary Document	Uploaded 2026-06-22	Available
3235-0515_60-Day Collection Notice.pdf	Supplementary Document	Uploaded 2026-04-16	Available
Schedule TO.Supporting Statement.pdf	Supporting Statement A	Uploaded 2026-04-13	Available
March 6, 2025.EDGAR PIA.pdf	Supplementary Document	Uploaded 2026-04-02	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
35301	Schedule TO		Modified

ICR Details

OMB Control No: 3235-0515	ICR Reference No: 202604-3235-001
Status: Received in OIRA	Previous ICR Reference No: 202312-3235-003
Agency/Subagency: SEC	Agency Tracking No: CF
Title: Schedule TO
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 06/22/2026

	Requested	Previously Approved
Expiration Date	36 Months From Approved	08/31/2026
Responses	591	1,378
Time Burden (Hours)	13,227	30,834
Cost Burden (Dollars)	5,289,409	12,333,000

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Abstract: Section 14(d)(1) of the Securities Exchange Act of 1934 (“Exchange Act”) makes it unlawful for any person to make a tender offer for any class of equity securities registered under Section 12 of the Exchange Act if, after consummation of the tender offer, such person would beneficially own more than 5% of that class of securities unless the person files a statement with the Commission containing certain information (including as prescribed by the Commission as necessary or appropriate in the public interest or for the protection of investors). Schedule TO (17 CFR 240.14d-100) sets forth the information that a person conducting such a tender offer, as well as an issuer conducting a tender offer for its own securities under Rule 13e-4 (17 CFR 240.13e-4) must disclose in connection with that tender offer.

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Authorizing Statute(s): US Code: 15 USC 78m, 78n, 78o, 78w(a) Name of Law: Securities Exchange Act of 1934
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 20542	04/16/2026
30-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 37171	06/22/2026
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Schedule TO

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ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	591	1,378	0	0	-787	0
Annual Time Burden (Hours)	13,227	30,834	0	0	-17,607	0
Annual Cost Burden (Dollars)	5,289,409	12,333,000	0	0	-7,043,591	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The decrease in burden hours of 17,607 hours and the decrease in cost burden of ($7,043,591) are due to a decrease in the estimated number of annual Schedule TO responses (from 1,378 responses to 591 responses).

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Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 06/22/2026

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