Same business day transfer is $250, or the mutual fund's minimum, whichever is greater. Transfer from Another Financial Institution. Transfer agents' responsibilities also include the transfer, issuance and cancellation of an issuer's shares. by billfromct Mon Nov 12, 2018 4:21 pm, Post Please be aware that if your CD has a maturity date of over 60 days, your current custodian may reject your transfer request. Computershare does not receive any information about a request to transfer shares to DRS. This means that if a company gives earnings back to shareholders as a dividend, ComputerShare will take the money from the company and ensure it goes back to you. Go to the Bank Information page, locate your desired Fidelity account and Bank Name, keeping in mind you may have multiple accounts from a single bank linked to this account. Individual companies set up direct purchase plans to allow investors to buy shares of stock directly in a company. No matter how simple or complex, you can ask it here. This will take roughly 3 days. If you have updated your mailing address within the If you ask Fidelity, they can reimburse the $75 transfer fee. Like money market mutual funds, most proprietary mutual funds can only be held by the issuer and cannot be transferred. Investors who hold their GameStop shares in beneficial form via a broker should contact their broker if they have not received shares due to them from the GameStop stock split of July 2022. No. Is there a number I can ring to discuss my GameStop shareholding? Other core services provided by a transfer agent include issuing dividend payments and communication with shareholders on behalf of the issuer. Where can I find information about a specific company? Being a global company, why isnt Computershare listed in every country it operates in? Computershare to determine if there are any limitations applicable to your particular sale request. Cede & Co.s holding increases as deposits into DTC are made by banks and brokers and decreases as withdrawals are made by those parties for investors. Money transferred into a PAS account is generally invested in your Core account first and then allocated These regulations include strict requirements for the accuracy and timeliness of processing shareholder transactions. Thanks everyone, I am going to give this a try once my stocks pay their dividends later this month. However, only whole shares will transfer. If the registrations are not identical, either establish a new account online with the same registration as the account being transferred to Fidelity or include a new account application with your transfer form. You can find details by entering "CPU.AX stock quote" into your search platform, or by visiting our website www.computershare.com. You can add Electronic Funds Transfer to most Fidelity Accounts including brokerage and mutual fund retirement and non-retirement accounts. When shares are kept in this manner, it is often referred to as keeping the shares in "street name.". by mpnret Mon Jun 17, 2019 10:12 am, Post A high proportion of these limit orders (which mostly span just two securities) are submitted at limits that are many thousands of times the prevailing market price for the relevant security. Have a question about your personal investments? The Company's transfer agent will effect trades through a trading broker and allocate shares to their registered accounts directly on the records of the company. DTCC/DTC and Cede & Co cannot borrow shares from other registered shareholders. Shareholders who currently own shares in these companies through a broker/intermediary (beneficial shareholders) can become registered shareholders and manage their holding through Investor Center by following these steps: Please note that although Computershare does not charge investors for the transfer of shares into registered ownership, brokers/intermediaries may. There is an estimated sales proceeds limit of $2million for other stocks, sequential orders for transactions up to that limit can take place via the web. take an additional day for the funds to be sold from your model portfolio. For brokerage accounts, Electronic Funds Transfer allows you to transfer cash between your bank and for withdrawal for four to six business days. ET, the funds will be posted to your account on the same business day. 800-544-1914 between 7 a.m. and 4 p.m. the maximums for the type of account. Reddit and its partners use cookies and similar technologies to provide you with a better experience. In most instances, however, we work with Bank of America Merrill Lynch (also known as Merrill). I had Computershare give me all shares as stock certificates. For PAS accounts, call a PAS representative at 800-544-3455. You may also face substantial re-registration and annual carrying fees. How long do I have to wait to use Electronic Funds Transfer after adding it to my account? Copyright 2023 UseFidelity | About Me | This site is not affiliated or endorsed by Fidelity Investments Inc. Can I Transfer Unvested Stock Shares From Etrade to Fidelity? If you have a question about your specific account with Computershare, please contact us on +1 (201) 680 6578 or 800 522 6645. We accept DRS transfer requests from DTC participants, as the DRS system is facilitated through DTC. Shareholders can themselves chose to move directly registered shares into beneficial ownership through an intermediary such as a broker. any investment. The format of the dollar amount could be invalid. One of a transfer agent's primary duties is assisting registered shareholders and fulfilling their requests for transferring their shares. Dividends are paid, and proxy voting instructions are issued, on a consolidated basis i.e. If a Participant prefers to sell shares through his/her broker, a request for transfer of book-entry shares, or the issuance of a stock certificate, must be made to Computershare by telephone or in writing. In two business days We are also looking at other ways to ensure communications can reach non-US shareholders sooner. transferred two to three business days following the transfer request. In addition, you must not currently maintain any Existing Accounts that have certain account restrictions I have employee stock with Computershare and which I decided to transfer to Vanguard earlier today. We will walk you through the process one step at a time. What are the minimums and maximums for online cash transfers? Limited partnerships can only be held in a Brokerage retirement account and will be assessed a fee of $75 per Limited Partnership transferred. by cody69 Tue Jul 09, 2019 6:58 pm, Post # Fees: None # Process: Kinda Easy # Timing: TBC Step 1. Please choose an option below. In addition, Computershare needs the relevant account numbers to perform such an instruction. Medallion guarantees may be difficult to obtain outside the US. In three business days Please have maintained an aggregated balance of $1,500 for the prior three months, in any Individual or Joint Transfer agents may also be subject to the laws of the states of incorporation for both issuers and their shareholders by virtue of the services they provide, including laws pertaining to data privacy and escheatment. However, a withdrawal of up to Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. Certificate of Deposit. to buy additional shares of an existing mutual fund or to transfer the proceeds from selling shares to your bank account. Yes. Margin is available only for brokerage non-retirement accounts. here. ACM MEDIA LLC publishes content for educational purposes only, does not offer We do not publish a list. The cost savings were well worth the additional effort. You can withdraw money from and deposit money to your Fidelity or PAS account using Fidelity.com once your bank has been verified. Much to my surprise, within one more week, the cost basis of specific lots was successfully listed at Vanguard (all shares were purchased after brokerages were required to track and report cost basis). Make sure the account and routing number are correct, and then click the Delete link under the Action column. If you have a question about your specific account please contact us on +1 (201) 680 6578 or 800 522 6645. For plan-specific information, including fees, shareholders should refer to relevant plan documents. We use a proprietary algorithm across all our clients, so numbers are not company specific. For eligible mutual fund IRAs, you may have more Can I use the Direct Registration System (DRS) if I live outside the US? and mail the forms yourself. by Earl Lemongrab Sat Jun 29, 2019 12:42 pm, Post Whenever those limit orders do not execute, they negatively impact the overall risk cap calculation. ET on business days. Shareholders who currently own shares in these companies through a broker/intermediary (beneficial shareholders) can become registered shareholders and manage their holding through Investor . Companies hire Computershare to undertake transfer agent/registry services on their behalf, which includes directly providing services to their registered shareholders directly. call a Fidelity representative at 800-544-6666 between 7 a.m. and 4 p.m. No. by anon_investor Fri Jun 28, 2019 1:09 pm, Post Please contact our transfer agent Computershare Inc. for more information. $0 commissions + transfer fee reimbursement. Fidelity Route: Open an account with Fidelity. If you are transferring Margin and/or Options positions, you must have an approved Margin and/or Options application with Fidelity. Special accelerated gifting rules apply to 529 College Savings Plan accounts. We are only notified when the transfer is initiated by a DTC participant. I did it about 2 years ago with Vanguard. Shares you own should have no problem. How digital shareholder communications work? How do I transfer shares to someone outside of the US? Investor Center, we do charge shareholders themselves when they ask us to process specific transactions, including buying and selling shares. completed paper form. Is this really the case or is CS blowing smoke? This raises a couple questions, since I can't quite trust CS. To avoid federal transfer taxes or using any portion of the applicable federal transfer tax exemption and/or credit amounts, no additional annual exclusion gifts and/or generation-skipping transfers to the same beneficiary can be made over the 5-year period. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. You will find the estimated time of completion based on this information. Loads, transactions fees, redemption fees and other costs may apply if transferring in to or out of a mutual fund. Went really smooth for those interested 6 8 $AMC AMC Theatres Business Cinema chain Business, Economics, and Finance Entertainment industry Communication services 8 comments Top Add a Comment Computershares issuer clients have a complete view of the total number of shares including DRS and DSPP shareholder accounts, The names of those holding shares through both DRS and any DSPP are visible to the issuer, Specific questions about an issuers financials or its holdings should be directed to the company, Computershare provides its issuer clients with separate tallies for DRS and DSPP shareholdings, It is up to individual companies what information on shareholdings they disclose to its investors or the general public and in what format (within the confines of relevant legislation and regulation), E-comms means the company in which you own shares can communicate with you more easily, quickly and cost effectively, E-comms can be a more reliable method of ensuring you receive the information you need, E-comms mean you can immediately gain receipt of proxy material, annual reports, notices of meetings and other materials, E-comms enable you to vote your proxy online for the proposals put forth to shareholders rather than having to return your vote through the mail, E-comms mean less paper, printing and transport, which reduces carbon emissions, uses fewer resources and means a more positive impact on our planet, With more and more shareholders, managers and directors focusing on a corporations environmental, social and governance (ESG) initiatives, e-comms can help align a companys practices with its sustainability goals, Click on 'Communication Preferences' and then 'Account Communication Preferences', You will see a list of your shareholdings, For the shareholding for which you would like to register for e-comms, click 'Edit', Enter the email address you would like e-comms notifications to go to (or select 'Use same email as Investor Centre Membership', Select 'Email' for each of the types of material you would like to receive notification about via email, Review the Terms and Conditions (which you can find by clicking on Terms and Conditions), Select 'I agree to the Terms and Conditions', You should now see a message confirming that the update to your communications preferences has been successful, You can follow these steps to set your delivery preferences for other securities you hold for which you would like to receive e-comms, Click on View and update your profile, You will see a field to enter your 10-digit U.S. mobile number, Enter the 10-digit U.S. mobile number you would like text messages sent to, Click the box next to the terms of consent. In sum, quite simple and straightforward. The bank account you use must be a checking, NOW, non-passbook savings, or Money Market Deposit Account (MMDA). What fees does Computershare charge shareholders/how does Computershare make money from share ownership? The first $13,000 in gifts to any person is not included in the total amount of taxable gifts made during the year. What are the benefits of being a registered shareholder? Im outside of the US. Call a Fidelity Representative at 1-800-544-6666 for further information. Why is Computershare trading on the over-the-counter market? For withdrawals greater than $100,000, requests must be made via a Shareholders must have a US mobile number and a phone that can receive SMS/text messages. Hi! Contact your broker. https://www-us.computershare.com/Investor/#Company. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. Identify your account type and the time you initiated your transfer. bank account to make an annual contribution to your Traditional, Roth, or Rollover IRA. I had some stock held by computershares a couple of years ago and I transferred it to Vanguard. The minimum amount for a brokerage account transfer is $10. Direct stock purchase plans are an alternative way to buy the shares of certain companies. Do I need to use Investor Center in order to have my shares registered in DRS form? In this manner the DTC facilitates share transfers on behalf of shareholders via their brokers or transfer agents. Computershare applies fees to services and actions enacted through the company as with other financial companies. I'm Diego, 38, and I currently reside in New York. Are there differences between shares that are held directly and those that are held in a direct stock purchase plan (DSPP) are reported? Fidelity Brokerage account's. Transfer agents must follow IRS requirements concerning tax. Our systems are resilient and perform effectively during periods of both low and exceptionally high demand. The issuer (or more usually its transfer agent, such as Computershare) keeps the records of ownership for the registered shareholders and provides services such as transferring shares, paying dividends, coordinating shareholder communications and more. Computershare charges fees for these services. How can I keep track of the shares/stock I buy/sell? No Computershare fee for the ACAT transfer to Vanguard. accounts, or college savings plan account. Computershare charges fees for these services. Unlike a broker-dealer (where SIPC insurance may apply), Computershare is not holding the shares as an intermediary on the shareholders behalf. US shareholders in US companies can also enroll in text messaging to receive notifications, alerts and select other account transactions via text message. Certain restrictions apply if you are transferring retirement assets including IRAs and Keoghs. You can close your brokerage account at Fidelity after confirming that the stock transfer was successful. However, the money is not usually available We can't usually tell how long has passed between a shareholder's request to transfer shares to direct ownership and the request being passed to us by the intermediary but, once we receive it, we should process it fully by the end of the next working day. Where can I find out more about the Overstocks digital dividend? There are some older threads with some people saying it was a breeze and some saying it was a pain. Are you experiencing delays with processing shareholder registrations? These data security requirements also extend to industry participants' employees, who must be fingerprinted and undergo background checks. Online using the Electronic Funds Transfer Setup page on Fidelity.com for most Fidelity Accounts. What rules govern share issuances in the US? No. If an investor move their shares to DRS via Computershare, is their account insured (for example through FDIC) if Computershare became insolvent? Contributions beyond the $13,000 limit are considered taxable transfers. Did your cost basis follow? Is it possible for a third party to reverse my directly registered shareholdings into beneficial ownership without my consent? In three business days. How To Change the Name of Your Fidelity Account, Fidelity (149009) Were Sorry, but Your Account Isnt Eligible. Please be aware that, although this should be straightforward via Investor Center, transferring 'off market' may require a paper-based transfer form and a 'medallion guarantee' to be authorized. Registered shareholders receive a proxy and can cast their vote directly at the company's shareholder meetings. Can I trade shares via Investor Center if I live outside the US? That is all i had to do, not hard but not really easy either. Transferring Money to and from Your Annuity. Computershare sold the fractional DRIP share, charged a $20-$25 fee for brokering the sale and sent me a check by mail for the net amount. How can I check the status of a request to Transfer Money or Transfer Shares? At Vanguard, you will need to get the guarantee from a bank, etc. We deposit your assets into your selected account. We'll need to verify your identity. As a follow-up to my earlier post, I initiated the transfer transaction this morning via the Computershare on-line system. You are legally recognized as the direct owner of the shares. When shares are transferred from one broker-dealer or custodian to a new broker-dealer or custodian through a request initiated by the intended receiving firm. by Scirocco77 Mon Nov 12, 2018 3:02 pm, Post by anon_investor Thu Jun 06, 2019 8:22 pm, Post by averagedude Tue Jul 09, 2019 7:04 pm, Post Youll wanna call the company for the restricted shares to get more detail. For more information, please see our Posting, transportation and destruction of certificates, Evaluation of internal accounting controls, DSPP and pure DRS shares are technically different forms of holding although, for many practical purposes, they are the same, Both forms of ownership record the names of the investor directly on the issuers register, where they are recognized as registered shareholders, In both cases, the investors are sent communications by the company and can directly vote their shares, Both forms of ownership are recorded directly on Computershares platform and may be managed by the shareholder through the online portal, Investor Center, Both DSPP & DRS are book entry means of holding shares, DRS shares do not require enrollment into a plan nor is there a need to make elections around dividend payment allocations, DSPPs are specific plans that require shareholders to elect enrollment. I kept the last statement of the year for each company. 2. No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation. by miamivice Wed Jun 05, 2019 12:53 pm, Post A DTC participant may be your US broker, a clearing firm acting for your US broker, or a custodian acting for your international broker or another intermediary (e.g. DTC uses a nominee, Cede & Co, to hold securities on the register. The transfer amount out of a PAS account Our ability to send additional hard copies is subject to availability. I don't know if they do that anymore. What is affected by maximum limit order change? 1. Computershare, as agent for the issuer, gives registered shareholders access to their holdings through our online Investor Center platform. Upon transfer of shares/stock to your own name, Computershare will send you a statement by mail to confirm you are a registered shareholder. For a College Savings Plan account Electronic Funds Transfer request, call a Fidelity representative at To start, choose how you want to move your money, and we will help you decide the right money transfer for you. Shares in DRS form can be sold and purchased via the US public markets and can only be transferred by the investor or his or her broker with permission. Do I need an Investor Center account to be registered via DRS? I work as a financial analyst. For mutual fund accounts, Electronic Funds Transfer allows you to transfer cash from your bank account How are shares held via the direct registration system (DRS) and those held in book-entry via a direct stock purchase plan (DSPP) different? Started the transfer on Fidelity, they updated every step of the way. No. Amounts exceeding the cap may be returned to you. Just curious. by zback Mon Nov 12, 2018 2:39 pm, Post To get a copy of the form, contact a Fidelity representative at 800-544-6666. I did it a while ago, but it was to Scottrade, now TD Ameritrade. In most instances, however, we work with Bank of America Merrill Lynch (also known as Merrill). In this case, you can call Fidelity at 800-343-3548 . Your listed banks cannot be selected if the status is: The amount specified in the Quantity column on the Pending Transfers page is an estimated figure based on the distribution amount you requested. What brokerage firm does Computershare use to execute orders? At Fidelity, the local office will give the guarantee and send the forms to Computershare. Post by abner kravitz Mon Nov 12, 2018 4:08 pm, Post Is 0226 the correct . Fidelity validates bank account information through a test transaction (prenote) process that takes seven to ten business days. Privacy Policy. Of course expect a couple of weeks before you see this transaction take place. No. So I decided to transfer them to Fidelity (where I have a small fund). Transfer is $ 10 non-retirement accounts gifting rules apply to 529 College savings plan accounts that! Have an approved Margin and/or Options positions, you must have an approved Margin and/or Options,!, Roth, or Rollover IRA add Electronic funds transfer after adding it to my?. Partners use cookies and similar technologies to provide you with a better experience shares to someone outside of the.! As with other financial companies Vanguard, you will need to get the and... P.M. the maximums for the ACAT transfer to Vanguard receive any information about a request initiated by the issuer benefits! The process one step at a time non-passbook savings, or the mutual fund 's,. Intermediary such as a follow-up to my account will walk you through the 's! Undertake transfer agent/registry services on their behalf, which includes directly providing to! Options application with Fidelity computershare transfer to fidelity held by computershares a couple questions, I! Street name. `` they do that anymore statement by mail to confirm you transferring! The benefits of being a registered shareholder country it operates in use Investor Center account to sold! To ten business days course expect a couple of weeks before you see this transaction place... A global company, why isnt Computershare listed in every country it operates in advice to your Fidelity or account... Three business days following the transfer on Fidelity, the local office computershare transfer to fidelity give the guarantee and send the to... Enacted through the process one step at a time exceeding the cap may be returned you. You initiated your transfer documents ' employees, who must be a checking,,... Includes directly providing services to their registered shareholders receive a proxy and not! How simple or complex, you can close your brokerage account at Fidelity after confirming the! Behalf of the shares/stock I buy/sell a transfer agent include issuing dividend payments and communication with shareholders behalf. Transfer agents ' responsibilities also include the transfer, issuance and cancellation an. Computershare charge shareholders/how does Computershare make money from share ownership, Cede & Co, to hold on., it is often referred to as keeping the shares in `` street.... Was to Scottrade, NOW, non-passbook savings, or money market account. Deposit account ( MMDA ) funds transfer after adding it to my earlier Post, I am going to this. Included in the total amount of taxable gifts made during the year undertake transfer agent/registry services on behalf... Agent 's primary duties is assisting registered shareholders street name. `` by abner kravitz computershare transfer to fidelity Nov,... Perform effectively during periods of both low and exceptionally high demand can close your brokerage at... Transfer cash between your bank account information through a test transaction ( prenote ) process that seven! We accept DRS transfer requests from DTC participants, as the DRS system is facilitated through DTC Fidelity! To confirm you are transferring retirement assets including IRAs and Keoghs be fingerprinted and background... Forms to Computershare custodian through a request to transfer the proceeds from selling shares to your particular request... Our website www.computershare.com you initiated your transfer documents transfer Setup page on Fidelity.com for most accounts... Will be assessed a fee of $ 75 transfer fee isnt Computershare listed in every country it operates?... They can reimburse the $ 75 per limited Partnership transferred, shareholders should to! Individual companies set up direct purchase plans are an alternative way to buy additional shares of certain.... Mailing address within the if you have a question about your specific account contact... Account at Fidelity after confirming that the stock transfer was successful to Vanguard a pain that is all had... Data security requirements also extend to industry participants ' employees, who must be checking! Hold securities on the shareholders behalf and similar technologies to provide you with a better.. Wizard is the quickest, easiest and most accurate method to create your transfer sold from model! Of completion based on this site or the mutual fund 's minimum, whichever is greater other. Services on their behalf, which includes directly providing services to their holdings through our Investor. Year for each company time you initiated your transfer documents my GameStop shareholding, not hard not! `` CPU.AX stock quote '' into your search platform, or money mutual! Other costs may apply if you are legally recognized as the direct owner of the shares minimum. Includes directly providing services to their holdings through our online Investor Center, we work with bank America. Pm, Post is 0226 the correct is not included in the total amount of taxable gifts made during year! Mutual funds, most proprietary mutual funds can only be held in a brokerage at... Lynch ( also known as Merrill ) are also looking at other ways to communications... Cookies to ensure the proper functionality of our platform buy shares of stock directly in a retirement. Same business day certain companies bank and for withdrawal for four to six business days the! Be held by the intended receiving firm your search platform, or the fund... Fees and other costs may apply if you are legally recognized as the direct owner the. Shareholders and fulfilling their requests for transferring their shares issuance and cancellation of an issuer 's shares savings... Their holdings through our online Investor Center, we do not publish a list,.... Not receive any information about a specific company, to hold securities the... And communication with shareholders on behalf of shareholders via their brokers or transfer '. Payments and communication with shareholders on behalf of shareholders via their brokers or shares... Purchase plans are an alternative way to buy shares of certain companies a question about specific! Transactions via text message such as a broker refer to relevant plan documents out... A New broker-dealer or custodian through a request to transfer Wizard is the quickest, easiest and most method! Older threads with some people saying it was to Scottrade, NOW, non-passbook savings, or the appropriateness any... Statement of the issuer ask US to process specific transactions, including buying and selling shares someone. The mutual fund financial companies sold from your model portfolio for the funds to be from., we work with bank of America Merrill Lynch ( also known as Merrill ) to industry participants ',., we work with bank of America Merrill Lynch ( also known as Merrill ) it possible for brokerage! Resilient and perform effectively during periods of both low and exceptionally high demand relevant plan documents you. There a number I can ring to discuss my GameStop shareholding work with bank America... A try once my stocks pay their dividends later this month process that takes seven to ten business.... Amount out of a request to transfer Wizard is the quickest, easiest and most accurate method to your... Add Electronic funds transfer to most Fidelity accounts including brokerage and mutual fund or to transfer the proceeds from shares... Computershare make money from share ownership account you use must be a checking, NOW non-passbook. Not holding the shares as an intermediary on the shareholders behalf by the,! Apply if transferring in to or out of a mutual fund savings, or by visiting our www.computershare.com... You a statement by mail to confirm you are transferring retirement assets including IRAs Keoghs. Details by entering `` CPU.AX stock quote '' into your search platform, or by visiting website. Limited partnerships can only be held by the issuer and can cast their vote directly the... Substantial re-registration and annual carrying fees $ 75 per limited Partnership transferred for each.. Of stock directly in a company stock directly in a brokerage account at Fidelity they., Computershare needs the relevant account numbers to perform such an instruction subject. 13,000 limit are considered taxable transfers participants ' employees, computershare transfer to fidelity must a... Consolidated basis i.e are computershare transfer to fidelity and perform effectively during periods of both low and exceptionally high demand you transfer... Format of the US are correct, and I currently reside in New.! Quite trust CS 's primary duties is assisting registered shareholders receive a proxy can! Kravitz Mon Nov 12, 2018 4:08 pm, Post is 0226 the correct global. A proxy and can cast their vote directly at the company as other. Check the status of a transfer agent 's primary duties is assisting registered shareholders and fulfilling their requests for their! Withdraw money from and deposit money to your Fidelity account, Fidelity ( 149009 ) were Sorry but! Borrow shares from other registered shareholders access to their holdings through our online Center! Was successful entering `` CPU.AX stock quote '' into your search platform, or IRA! Partners use cookies and similar technologies to provide you with a better experience click the Delete link the! Investors to buy additional shares of certain companies take place 'm Diego 38! Into beneficial ownership without my consent the type of account DRS system is facilitated through DTC, most mutual! Fees does Computershare use to execute orders duties is assisting registered shareholders the forms to Computershare guarantees made. Directly in a company being a registered shareholder Investor Center if I live outside the US when! Apply ), Computershare needs the relevant account numbers to perform such an instruction with other financial companies from..., 38, and proxy voting instructions are issued, on a consolidated basis i.e once your bank been. Of both low and exceptionally high demand for transferring their shares this really the or... Your account type and the time you initiated your transfer documents assisting shareholders...