We know there have been a number of mass layoffs in 2022. Being that we work with many clients in the tech industry, my team has been in touch with a number of people who have been affected by some of the most recent layoffs. From a financial perspective, there are some main topics you may want to think about if you find yourself in this position.
Wondering what you should do with your vested RSUs & ISOs? As a financial planner who works with tech and media professionals, I’m always fascinated by how people think about their employer stock. Here are the questions you should be asking about your vested stock and when you should be selling it.
If you work in tech and media it is likely you’ve been granted Restricted Stock Units (RSUs) as part of your compensation package. Being on the receiving end of Restricted Stock Units is a wonderful thing. Especially if you are a young professional.
If you work in tech as its likely that Restricted Stock Units are a part of your Equity Compensation package. Making decisions around your RSUs can be overwhelming. Read this blog to learn more about how RSUs can can impact your financial plan.