Transfer Shares Within BNY Mellon
You may transfer your SAIC, Inc. common stock from your common stock account at BNY Mellon to another account at BNY Mellon by telephone, internet or standard U.S. mail, depending on the number of shares and the type of accounts involved.
Below is a summary of the guidelines and requirements for each transfer method at BNY Mellon.
| Transfer Method | Eligible Transferor Account at BNY Mellon | Eligible Transferee Account at BNY Mellon | Share Limit (Maximum) | Transaction Limits | Medallion Signature Guarantee |
|---|---|---|---|---|---|
| Telephone Contact a customer service representative |
Individual, Joint, Trust or Custodial | Individual, Joint or Custodial | 50 shares per transaction | One transaction every seven calendar days | N/A | Internet Access your account through the EquityAccess Portal |
Individual or Joint | Individual, Joint, Trust or Custodial | 250 share limit per day (sum of all daily transfer requests) | Unlimited number of transactions within the daily share limit | N/A |
| Standard U.S. Mail Complete the SAIC Common Stock Transfer Form |
Individual, Joint, Trust, Custodial or Estate | Individual, Joint, Trust, Custodial, Estate, Charity, etc. | No Limit | No Limit | Required for each transfer request greater than 250 shares |
Transfer by Telephone Through a BNY Mellon Customer Service Representative (CSR)
- The account you are transferring from (transferor) must be an individual, joint, trust or custodial account.
- The account you are transferring to (transferee) must be an individual, joint or custodial account. You can not transfer to a trust account through a CSR.
- The transfer request may not exceed 50 shares.
- Transfers from a custodial account to the adult beneficiary of the custodial account due to the former minor reaching the age of majority cannot be performed with a CSR.
- You are only allowed to use this transfer method once every seven calendar days.
- You should have the following information ready prior to contacting a CSR:
- Your BNY Mellon Access ID
- Your Investor ID number
- Registration/name for transferee account
- Transferee address
- Registration type for transferee account
- Transferee SSN/TIN (if available)
- Transferee date of birth
- Number of shares to transfer
Please note: When transferring shares by telephone, a new account will initially be set up for the transferee, even if an account already exists for that individual. If the transferee has more than one account with BNY Mellon, the transferee may contact BNY Mellon and request a customer service representative consolidate all accounts into the one account, after the transfer has been completed.
Transfer Online
In order to transfer SAIC, Inc. common stock online using the BNY Mellon Equity Holdings Application, your transaction must meet all of the following criteria:
- The account you are transferring from (transferor) must be an individual or joint account.
- The account you are transferring to (transferee) must be an individual, joint, trust or custodial account.
- The total number of shares you transfer may not exceed 250 shares per day.
- Online transfers are available Monday to Friday from 7 a.m. to 6 p.m. ET (except for holidays).
Please note: When transferring shares online, a new account will initially be set up for the transferee, even if an account already exists for that individual. If the transferee has more than one account with BNY Mellon, the transferee may contact BNY Mellon and request a customer service representative to consolidate all accounts into the one account, after the transfer has been completed.
How to Transfer Shares via Equity Holdings Application:
- Log on to the EquityAccess Portal.
- Click on the Details button next to Equity Holdings.
- Click on the My Portfolio navigation on top of the screen.
- Click on the Transfer Shares button, or select Transfer Shares from the Perform a Transaction menu.
- Read the Terms and Conditions on the next screen and click on Accept if you accept the Terms and Conditions.
- Click on the button to select the account that the shares are transferred from (individual or joint account), and click continue.
- Click on the button to transfer all or transfer a specific number of shares. Note: Transfers may include whole and fractional shares. The transfer all alternative is not offered when the available book-entry balance exceeds the daily share limit of 250 shares per day.
- On the Account Registration page, input the transferee's information. Please ensure the transferee detail is accurate as the information provided will be used to create the transferee's account.
- On the Authorize Transfer page, review all the transfer information (including the transfer amount and registration details) to ensure all information is accurate.
- To complete the online transfer, check the box "I authorize the execution of this transfer" and provide the web password you used to access your EquityAccess Portal, and click submit.
- You will be prompted to enter your email address which BNY Mellon will use to notify you if the transaction has been rejected.
- An online confirmation page acknowledges receipt of the transfer request.
- Usually within one business day from the transfer request date, the online transfer request will be reflected in the BNY Mellon system or a rejection notice is sent via email. The email confirms the transfer status as either successful or failed. A successful transfer of shares will display on the Transaction History page.
Additional Information About Telephone and Online Transfers
- A transfer to an individual, joint or trust account is reflected on BNY Mellon's system within 1 business day or a rejection notice is sent by email to the email address the transferor provided when submitting the transfer request.
- The transferee will also be mailed an SAIC, Inc. Common Stock statement within one to two business days of the transfer being completed. The account statement will NOT reflect the transferor's information/name. Therefore, if the transfer is a gift, you should advise the recipient of your transaction.
- An Access ID and PIN Number will be mailed in two separate letters to the transferee. With the Access ID and PIN Number, the transferee will be able to view the transferee's account information and certify their tax ID number in order to avoid IRS mandatory back-up withholding on future transactions.
- After the transfer is processed, BNY Mellon will mail a notice to the address provided by the transferor on the Account Registration page to the transferee that requests the transferee certify their tax ID number online [Form W-9 or Form W-8BEN (for a foreign individual)].
- Transferees must certify their Tax ID number (Form W-9 or W-8BEN) online for every account they hold with BNY Mellon. The transferee is responsible for ensuring that each account's Tax ID number is certified. Failure to certify prior to the sale of stock date through BNY Mellon will result in a 28 percent U.S. backup withholding tax, which cannot be refunded by SAIC or BNY Mellon.
SAIC Common Stock Transfer Form
You can use the SAIC Common Stock Transfer Form to transfer shares to an individual, joint, trust, custodial, estate, charity, etc. account within BNY Mellon. If you are transferring shares to a charitable organization and the organization desires to sell the transferred shares, the charitable organization will need to submit the sale order itself, either through BNY Mellon's Share Selling Program or by first transferring the shares from BNY Mellon to a brokerage account.