---
title: "Disclosure levels"
description: "Read a company's disclosure level, and learn which settings control what it shares."
---

> Documentation Index
> Fetch the complete documentation index at: https://docs.sureshake.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Disclosure levels

A company's disclosure level tells you what kind of record sits behind its page. It describes the record and isn't a rating of the company. It doesn't grant access to anything private, either.

To see it, open the **Company actions** menu (the ⋮ button beside the company name) and choose **Disclosure Level**.

## The levels

| Symbol            | Level                        | What it means                                                                                                                    |
| ----------------- | ---------------------------- | -------------------------------------------------------------------------------------------------------------------------------- |
| Open book         | **Reference profile**        | A reviewed record assembled from cited public sources. Nothing is presented as the organization's own statement.                 |
| Building          | **Managed profile**          | The company controls the profile and chooses which fields are public. Figures are organization-supplied until a period is filed. |
| Stacked documents | **Managed · public filings** | Statement packages filed through Reporter, schema-checked and timestamped, unchanged since filing.                               |
| Civic building    | **Public reference**         | Based on SEC filings. Filing provenance doesn't mean the organization manages this profile or that Sureshake has verified it.    |

Some reference profiles carry a more specific label:

- **Claim under review** means someone has asked to manage the profile. A pending claim doesn't yet establish management.
- **Material fact under review** means a fact on the record is being reviewed.
- **Archived** means the profile is kept as a historical public record.

The level isn't a verdict on any single fact. For that, choose **Sources** in the same menu. See [Reference profiles](/directory/reference-profiles/).

A timestamp shows that a filing hasn't changed since it was filed. It doesn't show that the contents are correct. See [How proof works](/trust/how-proof-works/).

## If you're reading a company's page

- Choose **Request access**, when offered, for restricted information. The company decides whether to approve it. See [Follow companies and request access](/investors/following-and-access/).
- Following a company or adding it to a watchlist doesn't grant access to its private reports.
- If you represent an unclaimed organization, see [Claim your profile](/directory/claim-your-profile/).

## If you manage the company

You don't pick a level. It follows from what you've done, and each step has its own control.

| To do this                          | Use this                                                                                           |
| ----------------------------------- | -------------------------------------------------------------------------------------------------- |
| Take control of a reference profile | [Claim your profile](/directory/claim-your-profile/)                                               |
| Publish or withdraw the company     | The **Directory Visibility** switch. See [Publish your company](/directory/publish-your-company/). |
| Add public filings                  | File a period through Reporter. See [Reporting](/founders/reporting/).                             |
| Share private material              | [Share reports](/founders/sharing/), including recipients and revoking access                      |

Publishing the company doesn't publish private filings. Connecting an accounting source doesn't make your financial information public.

As an owner, you'll also see **Your reporting progress** in the disclosure panel, with your next step and a **File a period through Reporter** link. Other visitors don't see this.

Source: https://docs.sureshake.com/directory/disclosure-levels/index.mdx