Direct Registration 1. Direct Registration is a new form of registration enabling stockholders to be directly registered on the records of the corporation in book-entry form, with no need of a physical stock certificate. As a registered owner, you receive dividends, annual reports, proxies and other mailings directly from Wells Fargo Shareowner Services.
Physical certificates carry risk.
If they are lost, the investor will have to pay to replace it. Direct Registration Direct Registration allows you to have your security registered in your name on the books of the corporation without the need for a physical certificate. You will receive periodic statements reflecting your ownership, along with dividends, annual reports, proxies, and other mailings directly from Wells Fargo Shareowner Services. In both situations, you will receive a statement of ownership from Wells Fargo Shareowner Services acknowledging your DRS book-entry position once the change has been made. Please note that when selling a security through the transfer agent, Wells Fargo Shareowner Services will sell your security under the terms and conditions in place for that corporation.