diff --git a/secrets b/secrets
index a2f5209..b10f956 100755
--- a/secrets
+++ b/secrets
@@ -150,6 +150,29 @@ _load_recipients() {
   fi
 }
 
+# Emit "<key>\t<name>" for each recipient in recipients.txt. <name> is the most
+# recent preceding "# <name>" comment, or empty. Read-only; no validation
+# (callers that need rails call _load_recipients separately).
+_recipients_dump() {
+  [ -e "$RECIPIENTS_FILE" ] || return 0
+  local line trimmed name=""
+  while IFS= read -r line || [ -n "$line" ]; do
+    trimmed="${line#"${line%%[![:space:]]*}"}"
+    trimmed="${trimmed%"${trimmed##*[![:space:]]}"}"
+    [ -z "$trimmed" ] && continue
+    case "$trimmed" in
+      '#'*)
+        name="${trimmed#\#}"
+        name="${name#"${name%%[![:space:]]*}"}"
+        ;;
+      *)
+        printf '%s\t%s\n' "$trimmed" "$name"
+        name=""
+        ;;
+    esac
+  done < "$RECIPIENTS_FILE"
+}
+
 derive_project_name() {
   local explicit="${1:-}"
   if [ -n "$explicit" ]; then
@@ -1954,6 +1977,33 @@ cmd_run() {
   exit "$rc"
 }
 
+cmd_recipients() {
+  resolve_store
+  local sub="${1:-list}"
+  [ $# -gt 0 ] && shift
+  case "$sub" in
+    list) _recipients_list ;;
+    *) die "Unknown recipients subcommand: '$sub'. Usage: secrets recipients [list]" ;;
+  esac
+}
+
+_recipients_list() {
+  check_initialized
+  if [ ! -e "$RECIPIENTS_FILE" ]; then
+    check_key
+    echo "recipients: single-key (no $RECIPIENTS_FILE_NAME)"
+    echo "  $(get_pubkey)"
+    return 0
+  fi
+  _load_recipients   # validates the file (dies on bad key / symlink)
+  local count=0 k n
+  while IFS=$'\t' read -r k n; do count=$((count + 1)); done < <(_recipients_dump)
+  echo "recipients: $count (from $RECIPIENTS_FILE_NAME)"
+  while IFS=$'\t' read -r k n; do
+    if [ -n "$n" ]; then echo "  $k  ($n)"; else echo "  $k"; fi
+  done < <(_recipients_dump)
+}
+
 cmd_which() {
   resolve_store
   echo "store:  $SECRETS_DIR"
@@ -2564,6 +2614,7 @@ case "${1:-help}" in
   rekey)  cmd_rekey ;;
   verify) shift; cmd_verify "$@" ;;
   migrate) shift; cmd_migrate "$@" ;;
+  recipients) shift; cmd_recipients "$@" ;;
   which|where|status) cmd_which ;;
   help|--help|-h) cmd_help ;;
   *)      die "Unknown command: $1. Run 'secrets help' for usage." ;;
diff --git a/test/recipients.bats b/test/recipients.bats
index a8ae7c6..87e5491 100644
--- a/test/recipients.bats
+++ b/test/recipients.bats
@@ -55,3 +55,24 @@ make_second_identity() {
   [ "$status" -ne 0 ]
   [[ "$output" == *"symlink"* ]] || false
 }
+
+@test "recipients list on a legacy store shows the single derived key" {
+  init_with_remote
+  run "$SECRETS_BIN" recipients list
+  [ "$status" -eq 0 ]
+  [[ "$output" == *"single-key"* ]] || false
+  STORE_PUB=$(age-keygen -y "$SECRETS_DIR/key.txt")
+  [[ "$output" == *"$STORE_PUB"* ]] || false
+}
+
+@test "recipients list shows names and keys from recipients.txt" {
+  init_with_remote
+  make_second_identity
+  STORE_PUB=$(age-keygen -y "$SECRETS_DIR/key.txt")
+  printf '# alice\n%s\n# bob\n%s\n' "$STORE_PUB" "$BOB_PUB" > "$SECRETS_DIR/recipients.txt"
+  run "$SECRETS_BIN" recipients list
+  [ "$status" -eq 0 ]
+  [[ "$output" == *"recipients: 2"* ]] || false
+  [[ "$output" == *"alice"* ]] || false
+  [[ "$output" == *"bob"* ]] || false
+}