ESOP to IPO conversion
I own company ESOP shares. All cost base recorded in quicken as an IRA account without Financial Institution and account number.
The cost base is based on add share action to record shares given at an estimated price every year. The company went IPO recently and have a stock symbol listed in NYSE.
Previously I name the security share as “CESOP” with no stock symbol. May I simply specify stock symbol to the security to track current market value on my holding?
If not, what is the process to convert records that would preserve the cost base and to reflect a current market value on the holding.