Transfer shares
A share transfer involves moving shares from one shareholder to another. Here's how to record a transfer:
Go to the 'Share Transactions' screen.
Select the 3-dot menu on the desired transaction and choose 'Transfer'.
Note: Each transfer must be processed individually.
In the transfer window, fill in the following:
To Shareholder: Select the recipient from the dropdown.
Shares Transferred: Enter the number of shares to transfer.
Transfer Price: Enter the price per share (modifiable).
Transfer Date: Enter the date of transfer.
Comments: Add internal notes (visible to Administrator only).
After entering the details, click 'Submit' to save. The original transaction status will update to 'Transferred'.
Full Transfers: A new transaction is created for the recipient.
Partial Transfers: Two new transactions are created—one for the recipient and one for the remaining shares with the original shareholder.
Share transfers do not affect fully diluted shares on the cap table but will show changes in ownership percentages. Transfers are visible on the Participant Portal's Dashboard and Share Transactions screens.