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by CoastalCoder 949 days ago
Are you saying that Cruise is going to miss payroll?

Or are you just saying that's one possible double-whammy that could occur?

1 comments

No, to clarify the salary is being paid but the stock liquidity program ended. However, single trigger RSUs mean tax may still be owed on those RSUs at the market value when they were issued.

So some people owe tax on eg $100k in extra “income” for shares they can’t sell anymore.