a-9 Stock splits, stock dividends, and pro rata rights.

17 C.F.R. § 240.16a-9
in effectEffective: 2024-07-01
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The following shall be exempt from section 16 of the Act: (a) The increase or decrease in the number of securities held as a result of a stock split or stock dividend applying equally to all securities of a class, including a stock dividend in which equity securities of a different issuer are distributed; and (b) The acquisition of rights, such as shareholder or pre-emptive rights, pursuant to a pro rata grant to all holders of the same class of equity securities registered under section 12 of the Act.

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