Hi everyone,
I just had my first big grant vest this week, and I’m trying to make sense of the final numbers in my brokerage account. My neighbor, who works in finance, mentioned that the way companies calculate tax on restricted stock units can sometimes lead to over-withholding, meaning a bigger refund later but less cash now.
I’m trying to plan for a home renovation, so I really need to know the exact net amount I'll receive. Does anyone have a preferred method or a spreadsheet they use to calculate tax on restricted stock units?
Thanks in advance.