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Thanks for the reply Diane3, here are the numbers I see on my 1099 composite:

 

Received 7 free Stocks worth $58.49 reported on 1099-Misc

 

Sold the 7 Stocks for $64.26 reported gain of $5.77 on 1099-B

 

Is this not correct in my case, no basis adjustment needed, or am I missing something? Thanks!