Computershare UCH Shares
MEC Blastmail yesterday had a lot of subjects. As I scrolled, I saw a paragraph on Computershare. Caught my interest.
I'll admit to being largely in the dark about these shares. When I got them, I thought they were relatively worthless shares allocated in Chapter 11; worth pennies on the previous ESOP dollars.
Well, I was surprised to find there was a decent-sized chunk of money there....and that it's based on current stock price.
Here's my question: is there a way to roll this into the PRAP without a tax penalty, or if sold, does it merely become regular income or Capital Gain?
I'm suspecting the latter, but figured others have gone down this path before.