Selling DRS Shares?
I'm a total newbie to this and a little confused on how to proceed. Any help would be appreciated.
I currently have several hundred shares that I received after exercising some stock options through work. When I exercised the options, I chose to sell to cover. I thought the remaining shares would end up in my employee share plan account with Computershare but instead, they are held separately as DRS shares.
Now, I would like to sell some shares. My understanding is that I cannot sell directly through Computershare and that I need to go through an "investment dealer" and complete a "Securities Transfer Form". This is where I'm a little lost.
Is an investment dealer another term for a stock broker? Can I just open an account with Questrade or another online broker and sell the stocks through there?
Thanks!
I currently have several hundred shares that I received after exercising some stock options through work. When I exercised the options, I chose to sell to cover. I thought the remaining shares would end up in my employee share plan account with Computershare but instead, they are held separately as DRS shares.
Now, I would like to sell some shares. My understanding is that I cannot sell directly through Computershare and that I need to go through an "investment dealer" and complete a "Securities Transfer Form". This is where I'm a little lost.
Is an investment dealer another term for a stock broker? Can I just open an account with Questrade or another online broker and sell the stocks through there?
Thanks!