Only 41% of Employees Receiving Stock Compensation Sold Any
Recent Forbes article shared findings from Logica partnered study about the attitudes and behaviors of 1,000 participants in equity-compensation plans who receive incentive stock options or restricted stock awards. The study also looked at participants in employee stock purchase plans.
Participants in equity compensation plans hold nearly $100,000 in vested stock and less that half have ever sold or exercised their shares, according to a new study from Schwab Stock Plan Services.
The main finding of the research was that only 41% of respondents have exercised or sold at least some of their equity compensation during their career. Millennials were the most likely to cash out. The study reported that 48% of the Millennial participants had exercised or sold some equity compensation. Of the Baby Boomers in the study, 41% said they have taken money off the table and of the members of Generation X (Gen X) only 35% have sold. Continue reading on Forbes