Transcription of Transfer Agent Overview - Computershare
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Transfer Agent Overviewcertaintyingenuityadvantage 2 > ComputershareTransfer Agent OverviewContentsExecutive summary 3 What is stock? 3 Registered and beneficial shareholders 4 Recordkeeping and the Transfer Agent 5 Transfer Agent regulations 5 Book entry and printed certificates 7 Dividends 7 Dividend reinvestment plans (DRP) and direct stock purchase plans (DSPP) 7 Waiver plans 8 Transferring shares 8 Lost certificates 8 Sales of shares 8 The Depository Trust Company (DTC) 8 Fast Automated Securities Transfer (FAST) system 9 Deposit or Withdrawal by Custodian (DWAC)
Transfer agents may also provide additional services for shareholders and issuers, including online account access, employee equity compensation services and corporate action services. A transfer agents also acts as a registrar, to help ensure that the corporation does not issue more shares of stock than have been authorized.
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