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Re: Bogart19 post# 955

Wednesday, 03/03/2021 10:24:11 PM

Wednesday, March 03, 2021 10:24:11 PM

Post# of 1045
do you have many shares to sell ????? sometimes restricted stock never gets to trade.

i paid attorney fee on one & no can do.
chicago broker wouldn't sell for me.



Hi Mick,
You’ve been doing this stuff way longer than me and sure do post a lot with many followers.

How to Sell Restricted Stock
Fulfill the SEC holding period requirements. From the date the shares are fully paid for, you must hold them at least six months. ...
Comply with federal reporting requirements. ...
Check trading volume. ...
Remove the stock legend. ...
Conduct an ordinary brokerage transaction. ...
File required notices with the SEC.

The BCII restrictive shares can’t be sold until BCII starts reporting