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The original was posted on /r/Superstonk by /u/pigUw on 2023-07-17 20:37:32.


https://preview.redd.it/amcr87gtkkcb1.png?width=2067&format=png&auto=webp&s=1a818047074d1936de882ef7de0beccff27200d6

https://preview.redd.it/2w0zjsppkkcb1.png?width=1461&format=png&auto=webp&s=23027c400364c801d29af959bf923f15c155a63f

Now that SEC bulletin confirms that shares need to be Book to be fully yours, not Plan.

  • 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.