Enhancing Multi-Class Share Disclosures Act

This bill requires public companies with multi-class share structures (where different share classes have varying voting rights) to disclose specific ownership details. Companies must include in shareholder proxy materials or other filings the percentage of all voting shares owned and the voting power percentage held by each director, nominee, executive officer, and any beneficial owner with 5%+ of voting power. The disclosure focuses on translating share holdings into clear percentages of both total voting shares and total voting power. This aims to increase transparency about how voting control is distributed among shareholders.