StacksVerified U.S. regulatory reference

17 CFR §240.16a-9

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The following shall be exempt from section 16 of the Act:
  1. (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
  2. (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.