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This week on Taking Stock, Chives and Bibic are back after last weeks break with another spotlight episode on Ownership. There is so much nuance to straighten out in just a single word! We’ll be pulling out the sources so you all can follow along with our logic and conclusions. This conversation needs to be had - and needs to continue being had - in order for everyone to make the holding choice which is best for them.

The regulatory agencies, self regulating organizations, and the transfer agents are all on the same page about the difference in ownership between Plan and DRS. Let’s get ourselves on that same page too!

Taking Stock #10

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mp3 Link:

https://static.wixstatic.com/mp3/06e09f_75b2f852796b4908b939a989278c8fa1.mp3

#Important Reminders

#Links and Resources

“Purchases made through the issuer (or its transfer agent) of securities you intend to hold in DRS are usually executed under the guidelines of an issuer’s stock purchase plan, which uses a broker-dealer to execute the orders. Thus, to hold in DRS once the securities are acquired, you would need to instruct the transfer agent to move the securities from the issuer plan to DRS.”

“Purchases made through the issuer (or its transfer agent) of securities you intend to hold in direct registration are usually executed under the guidelines of the issuer’s stock purchase plan. You’ll need to instruct the transfer agent to move the securities to the DRS.”

“An investor can, at any time, withdraw all or part of their shares in DSPP book-entry form and have them added to their DRS holding (for example after a DSPP purchase settles) without a fee”