29 CFR § 4043.64 - Extraordinary dividend or stock redemption.

---
identifier: "/us/cfr/t29/s4043.64"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "29 CFR § 4043.64 - Extraordinary dividend or stock redemption."
title_number: 29
title_name: "Labor"
section_number: "4043.64"
section_name: "Extraordinary dividend or stock redemption."
chapter_name: "PENSION BENEFIT GUARANTY CORPORATION"
subchapter_number: "E"
subchapter_name: "PLAN TERMINATIONS"
part_number: "4043"
part_name: "REPORTABLE EVENTS AND CERTAIN OTHER NOTIFICATION REQUIREMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "29 U.S.C. 1083(k), 1302(b)(3), 1343."
regulatory_source: "80 FR 55002, Sept. 11, 2015, unless otherwise noted."
cfr_part: "4043"
---


# 4043.64 Extraordinary dividend or stock redemption.

(a) *Reportable event.* Advance notice is required for a distribution by a member of a plan's controlled group, as described in § 4043.31(a).

(b) *Waiver—de minimis 5-percent segment.* Notice under this section is waived if the person making the distribution is a *de minimis* 5-percent segment of the plan's controlled group for the most recent fiscal year(s) ending on or before the effective date of the reportable event.