Need help untangling a Reverse Stock Split

DRMick

A stock I held for a while issued 345 shares in another company instead a dividend this quarter.  That company, OP, did a 10-1 reverse split.  Now broker shows I have 34 shares and cash in lieu of a fractional share.  All that is understandable.  

But I can't get Q to enter these transactions as the broker lists them.
Q keeps entering placeholders and asking for history.  

345 shares value on 12/19/22 was $59.82,
Broker list the cost basis as $Zero as of 12/29
This is in an IRA account, not immediately taxable this year.
What would be the correct list of transactions to satisfy Quicken? .  

Brokers transaction list:

Date	Action	Symbol	Description	Quantity	Amount
12/19/2022	Stock Div Dist	OP	OCEANPAL INC F	345
12/22/2022	Reverse Split	OP	OCEANPAL INC F	34
12/22/2022	Reverse Split	Y6430L103	OCEANPAL INC XXXREV	-345
12/28/2022	Cash In Lieu	OP	OCEANPAL INC F		$0.59
12/28/2022	Cash In Lieu	Y6430L103	OCEANPAL INC XXXREV		$0.85
12/29/2022	Cash In Lieu Adj	Y6430L103	OCEANPAL INC XXXREV		($0.85)
12/29/2022	Cash In Lieu	OP	OCEANPAL INC F		$0.08
	OCEANPAL INC XXXREVERSE SPLIT EFF: 12/22/22

q_lurker

Diana Shipping (DSX) distributed shares of OceanPal (OP) November 30, 2021, not this quarter. I’ll assume you have that ‘dividend’ properly recorded with the proper basis and effective acquisition date for your 345 shares of OP. 

I’d delete the downloaded transactions associated with this split. 
12/22/22 StkSplt OP 1:10
That should change your OP holding from 345 to 34.5 shares without changing the total basis of that holding. 

12/28/22 Sell 0.5 shares of OP. It appears the sale amount totals to $0.67 (= 0.59 + 0.08). You will have a small gain or loss on that sale and this step will slightly reduce the basis of your holding. Your OP shares should now be at 34 shares. 

q_lurker

Further note: the CUSIP of OP may have changed because of this reverse split. If you still get the security mismatch warning, edit Security Details for OP and uncheck the box about matched with online security. You next download should then prompt you to again match the broker’s current OP to your Quicken version of OP. 

DRMick

Thanks for the advice on OP, I will follow it.  I did not own any DSX in 2021 so I missed out on that OP distribution event.