How do I transfer shares?
Navigate to Essentials → Manage equity and select the appropriate ledger (e.g. Shares, RSAs, or Profits interests) to locate the security you’d like to transfer.
Click the three dots at the end of the row and under Transactions, select Transfer.
Complete the Transfer details by selecting a Reason for the transfer and entering its effective date.
Click + Add recipient.
Available reasons include:
Death
Divorce
Donation
Gift
Other
Secondary
Tender offer
Transfer to affiliated entity
Select an existing Carta recipient or click Create stakeholder to add them, then enter the amount to be transferred.
The following three fields will auto-fill based on the transfer reason selected:
Date
Did the beneficial owner change?
Does this transfer represent a sale?
See below for how the fields will auto-fill based on each transfer reason:
Reason | Date | Did the beneficial owner change? | Does this transfer represent a sale? |
Death, Divorce, Donation, Gift | Original acquisition date | Yes | No |
Other | Transfer date | No | No |
Secondary, Tender offer | Transfer date | Yes | Yes |
Transfer to affiliated entity | Original acquisition date | No | No |
If the shares originated from an equity incentive plan, you’ll be asked whether the recipient’s shares should come from the same plan.
In the Compliance section:
provide the Rule 144 date
attach the applicable Legend
upload supporting Transfer agreement documentation.
You can automatically complete certain fields by clicking Copy from original. However, the transfer agreement document must be manually uploaded.
In the Financial Information section, enter Cash paid and any other applicable values, as well as any notes you’d like to record. Click Save recipient.