No, stocks that were not sold but were distributed directly to beneficiaries do not need to be reported on a Form 1041. There is nothing taxable for stocks that were transferred directly to a beneficiary.
If the stocks were sold by the trustee/executor, then these sales would get reported on the Form 1041 and the gain (or loss) on the sale would get distributed to each beneficiary via a K-1 form. Do realize that any inherited stock has a basis value per share on the date of the decedent's passing.
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