Thank you very much for the replies, @KrisD15 and @DanP0428 . I'll start by inquiring with my company about why I was issued an NEC form instead of MISC. I also received a payment for these phantom shares in 2020, but received a 1099-MISC for that payment. Not sure why they provided an NEC form for the 2021 payment.
I owe almost $1000 more when entering it as NEC, as opposed to MISC. So I'm glad to hear that it should be a MISC form.
Thanks again for the quick replies.
