Is Form D Public? What Anyone Can See on EDGAR

Yes. Once filed, a Form D is publicly available on the SEC's EDGAR system, it generally cannot be withdrawn, and the SEC does not allow confidential treatment for any of its information. Anyone can see the issuer's name and address, the names and addresses of its executive officers, managing members and promoters, the exemption claimed, the offering amount, the amount sold, the minimum investment and how many investors have invested. It does not list investors' names, how much each one put in, or the deal's business terms.

This guide goes item by item through what a Form D shows, what it leaves out, how to look one up and what it means for a sponsor's privacy. Rules are as of October 2026.

What does Form D show?

Form D has 16 items. Here is what each one makes public:

Item	What it shows
1. Issuer's identity	Legal name, prior names in the last five years, entity type, where and when it was formed
2. Principal place of business	Street address and phone number
3. Related persons	Name, address and role of each executive officer, director, managing member or general partner, and promoter
4. Industry group	For example, Real Estate: Residential
5. Issuer size	Revenue or net asset value range, or "Decline to Disclose"
6. Exemption claimed	For example, Rule 506(b) or 506(c)
7. Type of filing	New notice or amendment, and the date of first sale
8. Duration	Whether the offering is expected to last more than a year
9. Type of securities	Equity, debt, pooled fund interests and so on
10. Business combination	Whether the offering is tied to a merger or acquisition
11. Minimum investment	The smallest amount accepted from an outside investor
12. Sales compensation	Anyone paid to find investors, with their firm and the states where they solicit
13. Offering and sales amounts	Total offering amount, amount sold and amount remaining
14. Investors	Whether non-accredited investors are included, their number, and the total number of investors
15. Sales commissions and finders' fees	Dollar amounts, which may be estimates
16. Use of proceeds	Amount of proceeds paid to executive officers, directors or promoters

The form is signed by a person authorized by the issuer, and that name and title appear too.

What does Form D not show?

Investors' names or individual amounts. Item 14 asks only for counts.
The offering documents. The private placement memorandum, operating agreement and subscription agreement are not filed.
The property. Form D asks for the issuer's address, not the building's address, price or business plan.
Projected returns or the sponsor's promote. Only payments to related persons out of the proceeds appear, in Item 16.
Financial statements. Item 5 lets the issuer decline to disclose its revenue range.

How do you look up a Form D?

Go to EDGAR full-text search or the EDGAR company search, and enter the LLC's name.
Filter to form type D (and D/A for amendments).
Open the filing to see each item. The amendments show how the amount sold and the investor count changed over time.

The SEC also publishes Form D data sets for bulk research. Our guide to researching a sponsor on EDGAR and BrokerCheck shows how investors use these records.

A worked example of reading one (made up)

Suppose a Form D for a 32-unit building shows the following. The numbers are invented.

Item 13: total offering amount $2,400,000; total amount sold $1,500,000; remaining $900,000 ($1,500,000 + $900,000 = $2,400,000).
Item 14: 22 investors, 0 non-accredited.
Item 11: minimum investment $50,000.
Item 3: two managing members, both listed by name with a business address.
Item 12: nobody listed, meaning no one is paid to find investors.

An investor reading this learns that the raise is 62.5% filled ($1,500,000 / $2,400,000), that all investors are accredited, and who the managers are. They learn nothing about who the other 22 investors are or what each one put in.

What does a public Form D mean for a sponsor's privacy?

Your name and an address are public. Item 3 asks for each related person's address. Think about which address you give before you file, because it stays on EDGAR.
Your progress is public. Amounts sold appear in each amendment, so a raise that stalls is visible too. See when you must amend Form D.
Paid finders are public. Item 12 names anyone receiving sales compensation. See paying capital raisers.
It cannot be taken back. The SEC's FAQ says the staff remove a Form D only in very rare cases under Rule 15 of Regulation S-T.
Your EDGAR account details are partly public. The SEC notes that once a Form ID is granted, some of its information, such as business and mailing addresses, becomes public. See EDGAR access for a new LLC.

The upside is trust. A sponsor who files on time and keeps the filing accurate gives investors one more thing they can check for themselves.

How DoorRaise fits in

DoorRaise helps sponsors raise equity for apartment buildings with 5+ units from their friends and followers under Rule 506(b) or 506(c). It prepares the standard offering documents, forms the LLC, files Form D and state notices, and verifies accredited investors for 506(c) deals. Escrow is at Enterprise Bank & Trust, an FDIC-insured bank, and investors fund by wire only. Fees are $1,500 at setup (non-refundable), $5,000 at closing (only if the deal closes) and $3,500 a year, with no percentage of the raise and no part of the promote. DoorRaise is not a law firm, broker-dealer, investment adviser, funding portal or bank.

Raise your apartment deal from the people who already follow you.

DoorRaise is built for apartment buildings with 5 or more units: one link for the deal, escrow until closing and a standard fee card.

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Ready to raise? Create your free sponsor page or see pricing.

FAQ

Can I keep part of my Form D confidential?

No. The SEC's Form D FAQ says an issuer cannot request confidential treatment for any information Form D requires.

Will my investors' names be public?

Not through Form D. It asks for the number of investors, not their names. A person who is also an executive officer, managing member or promoter of the issuer is listed in Item 3 because of that role.

Can I delete a Form D I filed by mistake?

Generally no. The SEC staff remove a filing only in very rare cases that meet Rule 15 of Regulation S-T. Usually the fix is an amendment that corrects the record.

No. The EDGAR Next FAQ says no login is needed to view public filings on SEC.gov.

Next step: read what happens if you file Form D late, because a missing filing is just as visible as a filed one.

Sources

This article is general information, not legal, tax or investment advice. Talk to a securities attorney about your deal. DoorRaise is not a law firm, broker-dealer, investment adviser or funding portal.