I searched this before but never got further than generic definitions and and websites to look at. What I'm looking for is how to define a stock's shares float quantity. How does Yahoo Finance or Finviz define the amount of shares float?
By definition shares float is represented by 'subtracting closely held shares -- owned by insiders, employees, the company's Employee Stock Ownership Plan or other major long-term shareholders -- from the total shares outstanding' Still, how does anyone calculate that? Where do they get the data?
I've searched all 10-Q and 10-K files on SEC for long-term shareholders and it doesn't show anywhere.
Any help trying to get the 'original' data is more than welcome.