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SEC Form 4UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).OMB Number:32350287Estimated
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A restricted stock unit (RSU) is a form of equity-based compensation that entitles the recipient to a certain number of company shares after meeting vesting conditions.
Employees or service providers who have been granted RSUs by their company are required to report them.
Individuals can typically fill out RSU forms provided by their employer or report them on their tax return forms.
The purpose of RSUs is to incentivize employees and align their interests with those of the company's shareholders.
Information such as the number of RSUs granted, the vesting schedule, and the fair market value of the shares must be reported.
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