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Company stock gift

Posted on 10/19/17 at 9:32 pm
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3291 posts
Posted on 10/19/17 at 9:32 pm
Our company gave every employee 5 shares of stock today. It fully vests in 3 years.

Any tax implications up front or only if I sell ?
Posted by Rize
Spring Texas
Member since Sep 2011
15775 posts
Posted on 10/19/17 at 10:57 pm to
My company hits you for taxes after it vest and it goes into a separate account. It shows as income the year it vest.
Posted by brightside878
Baton Rouge
Member since Sep 2009
1563 posts
Posted on 10/20/17 at 9:26 pm to
I see we work for the same company. I thought we were going to hear a retirement announcement rather than a stock gift
Posted by brightside878
Baton Rouge
Member since Sep 2009
1563 posts
Posted on 10/20/17 at 9:28 pm to
quote:

My company hits you for taxes after it vest and it goes into a separate account. It shows as income the year it vest.


This is what they did after gifting us the 5 shares in 2014.
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3291 posts
Posted on 10/21/17 at 5:06 pm to
What division ?
Posted by brightside878
Baton Rouge
Member since Sep 2009
1563 posts
Posted on 10/23/17 at 5:51 am to
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