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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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Each RSU (Restricted Stock Unit) represents a promise to deliver a specific number of shares of company stock to an employee at a future date, subject to vesting conditions.
The employer or issuing company is required to file forms related to RSUs with the appropriate tax authorities, particularly when the RSUs are granted or vested.
To fill out RSU forms, you typically need to provide details such as the number of shares, vesting schedule, and recipient information along with tax implications.
The purpose of an RSU is to motivate employees by granting them equity that can increase in value, aligning their interests with those of shareholders.
The information reported on each RSU includes the grant date, amount of shares, vesting schedule, fair market value at vesting, and any tax withholding.
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