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Stock Power/Transmittal I, hereby request the transfer of (Name as it appears on certificate or representative) (# of Shares)shares from certificate/book entry number(s) To: (Receiver Name)(Receivers
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How to fill out stock powertransmittal
How to fill out stock powertransmittal
01
To fill out a stock power transmittal form, follow these steps:
02
Start by providing your personal information, including your name, address, and contact details.
03
Enter the details of the stock you are transferring, including the name of the company, number of shares, and any specific identification numbers.
04
Specify whether the transfer is a gift or a sale.
05
Sign and date the form, ensuring that your signature matches the one on record with the company.
06
If necessary, have your signature medallion guaranteed by a financial institution.
07
Submit the completed form to the appropriate recipient, such as the company's transfer agent or your broker.
08
Keep a copy of the form for your records.
Who needs stock powertransmittal?
01
A stock power transmittal is usually required in the following situations:
02
- When transferring ownership of stocks or securities as a gift or sale
03
- When selling stocks and the buyer requires a stock power transmittal form
04
- When granting a power of attorney for someone else to act on your behalf in stock transactions
05
- When updating the ownership information of stocks due to a change in name or marital status
06
- When consolidating or splitting stock certificates
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