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What you need to know about restricted stock awards and taxes
November 8, 2023
Categories: NIIT, restricted stock awards, special election, Stock awards
Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock option awards. The reason: Options can lose most or all of their value if the price of the underlying stock takes a dive. But with restricted stock, if the stock price goes down, your company can issue you additional restricted shares to make up the difference. Restricted stock basics In a typical restricted stock deal, you receive company stock