Stockholder of record definition
/What is a Stockholder of Record?
A stockholder of record is the registered holder of shares, as stated in the shareholder register of the issuer. The shareholder register contains the name and address of each shareholder, as well as the number of shares held. The stockholder of record has the rights and responsibilities of ownership. Thus, when the issuer plans to pay dividends to its shareholders, it pays the stockholders of record. These stockholders also have voting rights in regard to such matters as the election of board members and the sale of the issuer to an acquirer. Proxy materials are also sent to the stockholder of record.
Once a stockholder sells the shares, the person or entity is no longer classified as a stockholder of record.
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Terms Similar to Stockholder of Record
A stockholder of record is also known as a shareholder of record, a registered holder, or a record holder.