; (III) with any entity that derives directly or indirectly more than de minimis gross revenue through the sale of products or services, or the presentation of any depictions or displays, of a prurient sexual nature; (IV) with any entity that engages in a commerce- or investment-related boycott, divestment, or sanctions activity that targets Israel; or (V) that is required under Federal, State, or local law. (4) Covered company The term covered company means an issuer that has, as calculated in accordance with section 240.12b–2 of title 17, Code of Federal Regulations, or any successor regulation— (A) a public float of more than $20,000,000,000; or (B) annual revenues of more than $5,000,000,000. (5) Covered corporate actor The term covered corporate actor means— (A) an issuer; (B) a director, officer, or affiliate of an issuer; (C) a controller with respect to an issuer; or (D) any person acting in the capacity of an officer or agent of an issuer. (6) Corporate defendant The term corporate defendant means any individual who— (A) is a director, officer, affiliate of an issuer, or controller; and (B) may be named as a defendant in a cause of action for breach of fiduciary duty under applicable State law. (7) Covered divisive concept The term covered divisive concept means any concept described in section 2(a) of Executive Order 13950 ( 5 U.S.C. 4103 note; relating to combating race and sex stereotyping). (8) Covered shareholder (A) In general The term covered shareholder means a shareholder that, as of the date on which a covered claim with respect to the issuer is filed and at all times during which the covered claim described in subparagraph (A) is pending, has continuously owned not less than— (i) $2,000 in market value of the securities of the issuer for at least 3 years; (ii) $15,000 in market value of the securities of the issuer for at least 2 years