%201.png)
Stock options are starting to fall out of favor as the equity plan of choice by companies.
Here are some of the key advantages of RSUs:
With Restricted Stock Units (RSUs), workers gain ownership without buying stocks. Once fully vested, they can sell a portion to cover taxes, with no tax owed until the final payout.
Simplifies decision-making as the company doesn't hold shares or grant voting rights until conversion. No need to cancel outstanding shares if you leave before vesting.
Real-time equity tracking enhances the teams commitment to the company's long-term success.
Real-time data allows workers to see the estimated value of their equity and how it changes over time, promoting transparency and trust between the company and its workers.
The use of spreadsheets to manage equity can lead to errors due to manual input, copy-pasting errors, and formula mistakes. Upstock's RSU management system eliminates these risks and ensures security and accuracy.
The Upstock platform has a straightforward interface that is easy to navigate and understand. The platform is designed to be user-friendly, with clear explanations and intuitive features.
Upstock Equity provides standardized legal documents that may be customized for each company. This can reduce the time and cost associated with legal review.
Do you have any questions or concerns?
Check out our FAQs or send us an email