@Free_Press

Can anyone enlighten me about the taxable status of such an award? Seems like it's direct compensation.

#tax #taxlaw #stockawards #musk #tesla

Is this why CEOs serve #wallstreet shareholders iso #mainstreet clients?🧐

CEO pay is rising, widening the gap btw top executives & workers
"Many cos hv heeded calls fr #shareholders to tie #CEO #compensation more closely to performance. As a result, a large proportion of pay packages consist of #stockawards, which e CEO often can’t cash in for years, if at all — unless e co meets certain targets, typically a higher #stockprice or mkt value or improved operat'g #profits"
https://www.seattlepi.com/business/article/ceo-pay-is-rising-widening-the-gap-between-top-19492725.php

Amazon plans to reduce employee stock awards in 2025, leaked memo says

Granting a smaller number of shares gives Amazon room to pay more in cash, and signals Amazon's stock may be less powerful as a talent-retention tool.

Insider

Elon Musk says remaining Twitter employees will soon receive 'very significant' stock awards

In an internal memo, he calls the company's most recent round of layoffs 'a difficult organizational overhaul focused on improving future execution.'

#ElonMusk #Twitter #StockAwards
https://www.theverge.com/2023/2/27/23616933/elon-musk-twitter-employees-stock-awards-march-after-more-layoffs

Elon Musk says Twitter employees will receive ‘very significant’ stock awards on March 24th

In an internal memo, Twitter’s new CEO called its most recent round of layoffs “a difficult organizational overhaul focused on improving future execution.”

The Verge