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Direct Registration System

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A system that allows shareholders to hold stock in book-entry form registered in their name on the books of the company. At any time, the shareholder may request a certificate which will be provided free of charge. Shareholders have the option to sell shares either through the company (or its transfer agent) or through a broker. The advantage to the shareholders is that they can directly participate in company or transfer agent sponsored plans that are usually only available to registered shareholders, while still maintaining the a tie to their brokers.

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References in periodicals archive

Book-Entry

GSE Systems stock is being issued as uncertificated shares registered in book-entry form through the direct registration system.

GP Strategies Announces Completion of GSE Systems, Inc. Spin Off by Business Wire

GSE Systems stock will be issued as uncertificated shares registered in book-entry form through the direct registration system.

GP Strategies Announces Record Date for GSE Systems, Inc. Spin Off by Business Wire

The Company intends to utilize the Depository Trust Company's Direct Registration System in connection with this stock split.

CVS Announces Two-for-One Stock Split by Business Wire

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