Restricted Stock, sometimes referred to as “Letter Stock,” “Legend Stock,” “144 Stock,” and "Restricted Securities,” is unique due to its limitations when it comes to sales, re-sales, gifting and other transactions. Additionally, while there are books and reference materials available, seldom is information available in one location.


This site was created to address this problem. Here Restricted Stock owners and their advisors have a central depository of information regarding many of the important aspects needed when making decisions regarding Restricted Stock. While the information presented is not intended as legal advice, we hope that the material will prove useful. However, we encourage readers to consult with their legal counsel before making any final decisions related to Restricted Stock.