Sell Stock Certificates Without Broker

State:
Multi-State
Control #:
US-00942BG
Format:
Word; 
Rich Text
Instant download

Description

The document titled Bill of Sale and Assignment of Stock by Separate Instrument is designed for the sale of stock certificates without the involvement of a broker. This form allows individuals to transfer ownership of stock shares directly, which is beneficial for parties wishing to avoid brokerage fees and streamline the transaction process. Users are required to fill in their name, address, and details about the stock being sold, including the number of shares and the specific certificates involved. Key features include a clear declaration of the transfer of ownership, assurance that the shares are held in the seller's name, and the provision for the purchaser's representatives to facilitate the transfer on corporate records. Filling out the form requires attention to detail, especially in listing certificate numbers and share counts accurately. This form serves various legal professionals, including attorneys and paralegals, who may assist clients with stock transactions, partners and owners looking to divest shares, and associates needing to execute stock sales efficiently. It is an essential tool for those navigating stock ownership transfers while ensuring compliance with corporate recording requirements.

How to fill out Bill Of Sale And Assignment Of Stock By Separate Instrument?

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FAQ

You may sell your shares through the DRS Sales Facility, administered by Computershare Trust Company, N.A. The types of sale orders available may be different for each company. You may go online at .computershare.com/investor or call Computershare to find out what order types are available.

Not anyone can cash in a stock certificate. Most stocks are issued to an individual, but they do transfer to heirs.

You may sell all or a portion of the shares in your CIP account at any time through .computershare.com/investor, via telephone, or by mailing your request to Computershare. CIP generally supports the sales options set forth below. All sales options, however, may not be available at all times.

Contact your broker to get the appropriate forms to complete. The process will be simpler if the new owner also has or will have an account with the same broker, because no change in the actual registration of the shares will be necessary. The broker will simply make the transfer on its own internal books.

If you find yourself in possession of old stock certificates, you have a few options for selling them. You can cash them in through the transfer agent of the company with which the stock is owned. Or, you can work with a broker to sell the stock.

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Sell Stock Certificates Without Broker