It is quite common in the US for employees to sell a portion of their Restricted Stock Units (RSUs) shortly after they vest to cover the tax liability. When RSUs vest, they are considered ordinary income, and taxes are due at that time. Selling a portion of the shares helps employees cover the tax bill without having to come up with the cash out of pocket. " When your Restricted Stock Units (RSUs) vest, they become taxable as ordinary income, impacting federal and state taxes and payroll taxes like Social Security and Medicare. Understanding each tax layer and planning ahead can make a significant difference in managing this potentially large tax hit. Here’s a deeper look at each tax type and strategies to minimize your tax burden." RSU Tax 101: How Restricted Stock Units Are Taxed | Pulley Tax on Restricted Stock Units (RSU): How To Guide
BRN Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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