cbertz
New Member

Officers of my company are granted the option to receive a monthly stipend for the purchase of company stock, should the sale of this stock be handled as an ESPP?

Officers of my company are granted the option to receive a monthly stipend for the purchase of company stock with no brokerage fee. The stipend can only be used to purchase stock and must be entirely committed to stock purchase. The stipend is taxable income. Should the sale of stock shares acquired in this manner be considered an ESPP?"