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Island Stock Transfer

Island Stock Transfer logo
📍 St. Petersburg, FL, USA
🇺🇸 US

Island Stock Transfer is an SEC-registered stock transfer agent based in St. Petersburg, Florida, operating as the trade name of Island Capital Management LLC. It maintains shareholder ownership and transfer records for publicly traded companies, largely micro-cap issuers. In July 2021 a jury found the firm and its principals liable for fraud under Section 10(b) of the Securities Exchange Act of 1934 in connection with the creation of at least 19 sham shell companies. In August 2025 a court ordered nearly 1 million dollars in monetary remedies plus injunctive relief and disgorgement against the firm. The matter was on appeal to the 11th Circuit Court of Appeals as of January 2026.

Services & Coverage
USequities
transfer-agentregistrarmicrocapsecuritiesshareholder-records

🏛 Regulatory Status

License #
License #
Company Info
Size Small
Key Executives
Micah J. Eldred (CEO)Carl E. Dilley (President)

Recent News

SEC obtains nearly 1 million dollars in remedies against Spartan Securities and Island Stock Transfer
2025-08-10

Court ordered Island Stock Transfer, Spartan Securities and principals Dilley and Eldred to pay nearly 1 million dollars in fines, disgorgement and interest, plus injunctive relief

SEC v. Spartan Securities Group, LTD (11th Cir.)
2026-01-16

11th Circuit appellate proceedings in the microcap shell fraud case involving Island Stock Transfer and its principals.