Fractional Stock Share

[Cappy]

I have a fractional share of a stock leftover from when I transferred old book shares at Computershare to Fidelity. Fidelity won't allow the transfer of partial shares.

The value is about $28 and from what I can tell, selling it would eat up $25.12 in fees. I just want to be done with Computershare and would love to not have to file tax paperwork every year for that account. They don't send my 1099 until March and it always delays my filing. So there's personal value in losing the money to fees.


My question is: Do I have other alternatives I should consider first? Can I buy a fractional share to make a full share then transfer? Can I gift a fractional share to get it off my books? Any tips? I'm a total newbie.

[ohgillian]

Computershare is the worst. I would personally pay the $25 to make this go away.

[Cappy]

May 11, 2022 14:08:37 GMT -5 ohgillian said:

Computershare is the worst. I would personally pay the $25 to make this go away.

I know, right?! This is where I am with it but I thought I'd do a quick ask in case there's some other alternative. 

[imojoebunny]

I would just sell it, and be done with it. Little hassles like that take time you could use on the bigger picture, when it comes to investing. Donating it would just send the hassle to another party and not add anything to the cause, if they would even take it.