It is not a transferrable stock. We are given stock from the cooperative we sell milk to. Before the sale/merger to the new owner, we could only redeem stock if the coop approved of the buyback. The merger agreement was that the new company would buy our stock from the old company over a 3 year period. I did not receive any sort of a 1099 or other tax form indicating how much they paid us for stock in 2020.
Thank you,
Nathan
