Pasting the key takeaways portion:

> - A principal shareholder is a person or entity that owns 10% or more of a company's voting shares.

> - Principal shareholders have significant influence over a company, allowing them to vote on appointing the (CEO) and board of directors.

> - A principal shareholder is different from a majority shareholder, which is a person or entity that owns 50% or more of a company's shares. Principal shareholders are subject to special Securities and Exchange

> - Commission (SEC) filing rules that pertain to insider trading.