Stockholder Of Record (Noun)
Meaning
The stockholder whose name is registered on the books of the corporation as owning the shares at a particular time.
Classification
Nouns denoting people.
Examples
- The stockholder of record is the only individual who can claim voting rights for the shares they own in the company.
- At the end of the quarter the company identifies the stockholder of record and sends them a statement indicating their ownership percentage.
- The dividend payment was sent to the stockholder of record, rather than the actual owner of the stock, which led to some confusion.
- When voting on company policy changes, only the stockholder of record can cast votes, despite the possibility of transfer of ownership.
- If you are not the stockholder of record you will need to seek assistance from the registered owner to claim your ownership in the corporation.