Single mom here needing a little help....
Attempting to sell my position in COHO. Schwab messages me that I’ve more shares than they are personally holding for me, and wants to know how the outstanding shares will be transferred to them. I haven’t ever seen anything like this. I’m being given 5 options:
1. A deposit certificate which I do not have.
2. Shares that will be “ journaled” from another Schwab account. Only have one Schwab account.
3. Transfer from another financial institution. I have other such account.
4. Corporate action—company going through acquisition, name change, stock split, etc. I know of no such activity.
5. Exercise. Shares to be issued in the name of the account by a transfer agent, as a result of an exercise of a right, warrant, or convertible security.
No idea what has/is happening. Can someone please help?
