Candor provides an infrastructure trading orchestration platform that facilitates regulated insider transactions for public companies and major US brokers, incorporating trade execution, settlement, and SEC compliance. The platform empowers companies to manage employee stock compensation effectively, ensuring long-term investment focus and reducing market impact through advanced modeling and automated tax optimizations.
Funding
Funding not disclosed
Founders
Product
Problem
Public companies face challenges in managing employee stock compensation, leading to potential market volatility and a lack of long-term investment focus among employees. Existing methods often lack the necessary controls and optimization strategies for effective stock compensation management. Furthermore, employees may lack the financial planning and tax support needed to make informed decisions about their company stock.
Solution
Candor offers an infrastructure trading orchestration platform designed to help public companies manage regulated insider transactions and employee stock compensation. The platform provides tools for trade execution, settlement, and SEC compliance, ensuring adherence to regulatory requirements. By incorporating advanced modeling and automated tax optimizations, Candor enables companies to mitigate market impact and promote long-term investment behavior among employees. The platform also offers employees access to financial planning, education, and tax planning resources, empowering them to become better long-term investors and stewards of the company.
Target Audience
Candor primarily serves public companies, particularly CFOs and General Counsels, seeking to manage employee stock compensation effectively and ensure regulatory compliance, as well as major US brokers facilitating these transactions.
Features
- CFO suite for predicting and managing stock-based compensation (SBC) market impact, including volatility control, ADV limit, and sell-to-cover modeling.
- Trade execution algorithm and trade timing protection to minimize market disruption.
- Exec peer benchmarking and insider trade press monitoring for informed decision-making.
- Governance suite tracking all insiders and live-updating case law controls.
- SEC form filing automation and control of insider shares at any brokerage.
- Broad-base 10b5-1 plans and statistical risk modeling for comprehensive insider trading management.
- Tax planning support for vesting, IPOs, and liquidations, complete with TurboTax integration.
- Shareholder education resources, including articles, courses, and videos, to enhance financial literacy.
- Financial planning tools to help employees plan for financial goals.
- IPO liquidity planning suite to prepare shareholders for an IPO.