{
 "name": "409aproviders.com 409A Validity and Turnaround",
 "title": "409A Validity and Turnaround",
 "url": "https://409aproviders.com/datasets/409a-validity-and-turnaround/",
 "csv": "https://409aproviders.com/datasets/409a-validity-and-turnaround.csv",
 "markdown": "https://409aproviders.com/datasets/409a-validity-and-turnaround/index.md",
 "computed_at": "2026-11-11",
 "license": "https://409aproviders.com/terms",
 "headline": "The 409A Validity and Turnaround carries 2 published figures read from 2 sources' own pages, from 10 to 12 day, read 11 November 2026.",
 "quotes": [
  "The 409A Validity and Turnaround carries 2 published figures read from 2 sources' own pages, from 10 to 12 day, read 11 November 2026.",
  "3 of the 20 named sources read in full publish a figure; 17 publish none, read 11 November 2026.",
  "409A Validity and Turnaround, trigger type valuation date more than 12 months earlier: median 12 month across 1 source, read 11 November 2026."
 ],
 "citation": "\"409aproviders.com 409A Validity and Turnaround\", updated 2026-11-11, https://409aproviders.com/datasets/409a-validity-and-turnaround/.",
 "changed_since": null,
 "national": {
  "unit": "day",
  "n": 2,
  "median": 11,
  "min": 10,
  "max": 12,
  "p25": null,
  "p75": null,
  "mean": 11,
  "units": {
   "day": 2,
   "month": 1
  },
  "published_sources": 3,
  "named_sources": 21,
  "read_sources": 20,
  "not_published": 17,
  "published_share": 0.15
 },
 "by_axis": {
  "trigger type": {
   "valuation date more than 12 months earlier": {
    "month": {
     "n": 1,
     "median": 12,
     "min": 12,
     "max": 12,
     "p25": 12,
     "p75": 12,
     "mean": 12
    }
   }
  }
 },
 "rows": [
  {
   "source": "Eton Venture Services: how long does a 409A take",
   "url": "https://etonvs.com/409a-valuation/how-long-does-409a-valuation-take/",
   "figure": "10 days",
   "value": 10,
   "unit": "day",
   "vat": null,
   "axis": {},
   "retrieved_at": "2026-11-11",
   "quote": "All of our 409a valuations take less than 10 days.",
   "source_class": "primary-provider-own-site",
   "text_sha256": ""
  },
  {
   "source": "CountSure: 409A valuation timeline",
   "url": "https://countsure.com/409a-valuation-process-timeline/",
   "figure": "12 days",
   "value": 12,
   "unit": "day",
   "vat": null,
   "axis": {},
   "retrieved_at": "2026-11-11",
   "quote": "A 409A valuation is critical for startups issuing stock options, and the typical timeline runs 9 to 12 days from document submission to certified report delivery.",
   "source_class": "primary-provider-own-site",
   "text_sha256": ""
  },
  {
   "source": "26 CFR 1.409A-1(b)(5)(iv)(B) twelve-month presumption (eCFR)",
   "url": "https://www.ecfr.gov/current/title-26/chapter-I/subchapter-A/part-1/section-1.409A-1",
   "figure": "12 months",
   "value": 12,
   "unit": "month",
   "vat": null,
   "axis": {
    "trigger type": "valuation date more than 12 months earlier"
   },
   "retrieved_at": "2026-11-07",
   "quote": "rporation (for example, the resolution of material litigation or the issuance of a patent) or the value was calculated with respect to a date that is more than 12 months earlier than the date for which the valuation is being used.",
   "source_class": "primary-government",
   "text_sha256": "b03dbdb90553ea2435e3d7bff7cb8b43578bd5c6fd4152e132c36093ff03a07b"
  }
 ],
 "not_published": [
  {
   "source": "Eton Venture Services: 409A material events",
   "url": "https://etonvs.com/409a-valuation/409a-material-event/",
   "retrieved_at": "2026-10-12",
   "reason": "read in full and no accepted figure on the page"
  },
  {
   "source": "Eton Venture Services: 409A requirements and process",
   "url": "https://etonvs.com/409a-valuation/409a-valuation-requirements/",
   "retrieved_at": "2026-09-11",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "409A Valuation: fast 409A valuation",
   "url": "https://409a-valuation.com/insights/fast-409a-valuation",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "409A Valuation: the 409A process step by step",
   "url": "https://409a-valuation.com/insights/409a-valuation-process",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "BPM: what triggers a new 409A before 12 months",
   "url": "https://www.bpm.com/insights/what-triggers-new-409a-valuation/",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Redwood Valuation: 409A refresh schedule",
   "url": "https://www.redwoodvaluation.com/blog/409a-valuation-refresh",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Redwood Valuation: 409A safe harbor guide",
   "url": "https://www.redwoodvaluation.com/blog/409a-safe-harbor-method-guide",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Sofer Advisors: how often do you need a 409A update",
   "url": "https://soferadvisors.com/insights/blog/how-often-do-you-need-a-409a-valuation-update/",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Virtue CPAs: 409A safe harbor requirements",
   "url": "https://virtuecpas.com/409a-safe-harbor-requirements/",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Virtue CPAs: when do you need a 409A valuation",
   "url": "https://virtuecpas.com/when-do-you-need-409a-valuation/",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "409.AI 409A valuation guide",
   "url": "https://www.409.ai/409a-valuation-guide",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Kruze Consulting 409A valuation",
   "url": "https://kruzeconsulting.com/409a-valuation/",
   "retrieved_at": "2026-10-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Scalar 409A",
   "url": "https://scalar.io/services/409a/",
   "retrieved_at": "2026-09-12",
   "reason": "read in full and no accepted figure on the page"
  },
  {
   "source": "Aranca 409A valuation",
   "url": "https://www.aranca.com/409A-valuation/",
   "retrieved_at": "2026-11-11",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "Startup409A",
   "url": "https://startup409a.com/",
   "retrieved_at": "2026-09-12",
   "reason": "every candidate on the page was refused"
  },
  {
   "source": "409A Valuation Pro",
   "url": "https://www.409avaluationpro.com/",
   "retrieved_at": "2026-09-12",
   "reason": "read in full and no accepted figure on the page"
  },
  {
   "source": "Eqvista: how long does a 409A valuation take",
   "url": "https://eqvista.com/409a-valuation/how-long-does-a-409a-valuation-take/",
   "retrieved_at": "2026-10-12",
   "reason": "read in full and no accepted figure on the page"
  }
 ],
 "sources": [
  {
   "url": "https://www.ecfr.gov/current/title-26/chapter-I/subchapter-A/part-1/section-1.409A-1",
   "label": "26 CFR 1.409A-1(b)(5)(iv)(B) twelve-month presumption (eCFR)",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://etonvs.com/409a-valuation/how-long-does-409a-valuation-take/",
   "label": "Eton Venture Services: how long does a 409A take",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://etonvs.com/409a-valuation/409a-material-event/",
   "label": "Eton Venture Services: 409A material events",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://etonvs.com/409a-valuation/409a-valuation-requirements/",
   "label": "Eton Venture Services: 409A requirements and process",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://409a-valuation.com/insights/fast-409a-valuation",
   "label": "409A Valuation: fast 409A valuation",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://409a-valuation.com/insights/409a-valuation-process",
   "label": "409A Valuation: the 409A process step by step",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://www.bpm.com/insights/what-triggers-new-409a-valuation/",
   "label": "BPM: what triggers a new 409A before 12 months",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://www.redwoodvaluation.com/blog/409a-valuation-refresh",
   "label": "Redwood Valuation: 409A refresh schedule",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://www.redwoodvaluation.com/blog/409a-safe-harbor-method-guide",
   "label": "Redwood Valuation: 409A safe harbor guide",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://soferadvisors.com/insights/blog/how-often-do-you-need-a-409a-valuation-update/",
   "label": "Sofer Advisors: how often do you need a 409A update",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://virtuecpas.com/409a-safe-harbor-requirements/",
   "label": "Virtue CPAs: 409A safe harbor requirements",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://virtuecpas.com/when-do-you-need-409a-valuation/",
   "label": "Virtue CPAs: when do you need a 409A valuation",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://www.409.ai/409a-valuation-guide",
   "label": "409.AI 409A valuation guide",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://countsure.com/409a-valuation-process-timeline/",
   "label": "CountSure: 409A valuation timeline",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://kruzeconsulting.com/409a-valuation/",
   "label": "Kruze Consulting 409A valuation",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://scalar.io/services/409a/",
   "label": "Scalar 409A",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://www.aranca.com/409A-valuation/",
   "label": "Aranca 409A valuation",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://startup409a.com/",
   "label": "Startup409A",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://www.409avaluationpro.com/",
   "label": "409A Valuation Pro",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://eqvista.com/409a-valuation/how-long-does-a-409a-valuation-take/",
   "label": "Eqvista: how long does a 409A valuation take",
   "license": "the publisher's own terms; quoted for reporting and comment"
  },
  {
   "url": "https://www.google.com/search?q=409a+valuation+turnaround+time",
   "label": "google.com",
   "license": "the publisher's own terms; quoted for reporting and comment"
  }
 ],
 "methodology": "Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2). 3 of the 20 named sources that could be read published a usable figure; 17 published none and are recorded as not published, never filled in; 1 could not be read (blocked, dead or unreachable) and count nowhere. The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source in day (a source's median where its page yielded several accepted sentences), so N counts sources, never sentences; 249 candidate sentence(s) were refused by a reviewer with the reason recorded. The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): two joined tables: the statutory one - the twelve-month presumption and the material-change condition, quoted from Treas. Reg. 1.409A-1(b)(5)(iv)(B) with the events the firms report triggering it - and the market one, one row per firm: the delivery time it advertises, whether a refresh is included in the price, and what it charges for an expedited report. The derivation is the DISTRIBUTION nobody publishes: median and range of advertised delivery days by firm type, the share of firms including refreshes, and the gap between the twelve months the regulation allows and the shorter cycle the firms recommend - each cell sourced to the firm's own page and the regulation's own words.",
 "embed": "<figure style=\"margin:0;padding:16px;border:1px solid #d9d9d9;border-radius:8px;background:#ffffff;color:#111111;font-family:system-ui,sans-serif;max-width:480px\"><p style=\"margin:0 0 8px;font-size:28px;font-weight:700;color:#111111;background:#ffffff\">10 to 12 day</p><p style=\"margin:0 0 8px;font-size:14px;color:#111111;background:#ffffff\">2 published figures, 409A Validity and Turnaround, across 2 sources, read 11 November 2026</p><figcaption style=\"font-size:12px;color:#444444;background:#ffffff\"><a href=\"https://409aproviders.com/datasets/409a-validity-and-turnaround/#median\" style=\"color:#1a4fd6;background:#ffffff\">Source: 409aproviders.com 409A Validity and Turnaround</a></figcaption></figure>"
}
