Selling Stock FAQ
How do I sell stock?
Register for a Publix Stockholder Online account. Then log in to Publix Stockholder Online > Account Tools > Sell Stock and follow the on-screen process to complete and print the required form. Be sure to follow the instructions on the form.
Shares held in a PROFIT Plan account cannot be sold through Publix Stockholder Online. Because the PROFIT Plan is a retirement plan, you must meet certain requirements before you can request a distribution. For more information, current Publix associates can visit PASSport. Otherwise, contact the Publix retirement department.
When will I receive payment for selling stock?
Once stockholder services receives your properly completed Stock Sale Request Form and stock certificate(s), sales checks are typically processed and mailed to the address on file for the stock account within 3 business days. You also can visit Publix stockholder services at the corporate office to sell your Publix stock.
If the sale amount is over $500,000, the sale request is held for 5 business days from the date Publix stockholder services receives it to allow time for the necessary funds to be released.
Will an account statement be issued?
Yes, you’ll receive an account statement when you sell stock. We’ll provide you with a Stock Account Transaction Statement each time you have activity on your account, such as a purchase (if eligible), sale or transfer. If you have no activity on your account during the previous calendar year, we’ll provide you with an Annual Account Statement by the end of January. You also can elect to receive account statements electronically by managing your online delivery preferences on Publix Stockholder Online.
I lost my sales check. How do I request a replacement?
The fastest and easiest way is to register for a Publix Stockholder Online account. Then log in to Publix Stockholder Online > Account Tools > Uncashed Checks and click Request Replacement and follow the instructions on the form.
You can also fax or mail a letter of instruction to Publix stockholder services that includes the
- stock account number
- last four digits of the Social Security number for all stockholders on the account
- address and phone number
- request to stop payment on the lost sales check and reissue a sales check
- date the lost sales check was issued
- signature of all stockholders on the account listed in the registration and
- date requested.
I lost my PROFIT Plan distribution check. How do I request a replacement?
Contact the Publix retirement department.