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Level 3
posted Feb 21, 2022 9:39:05 AM

For stock plan, company makes the distinction between RSU and PSU (performance - triggered by company metric). TT doesn't have a PSU category - should I call it RSU?

Referring to the "What type of employee stock is this?" radio button selection: ESPP, NQSO,ISO,RS,RSU

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1 Best answer
Level 3
Feb 22, 2022 8:47:01 AM

Also found a document at E*Trade talking about stock plans where they discuss RSUs and PSUs in the same category, with examples of identical treatment.  https://us.etrade.com/knowledge/library/stock-plans/understanding-restricted-performance-stock

5 Replies
Level 3
Feb 21, 2022 10:38:23 AM

I think this is the right thing to do - if I select "Other", TT says it will treat the sale as a private (i.e., not stock plan) sale.  None of the other options make sense.  I guess my only concern is whether a PSU has a potentially different tax treatment from an RSU, and that TT doesn't know about it.

Level 3
Feb 21, 2022 10:42:14 AM
Level 3
Feb 22, 2022 8:47:01 AM

Also found a document at E*Trade talking about stock plans where they discuss RSUs and PSUs in the same category, with examples of identical treatment.  https://us.etrade.com/knowledge/library/stock-plans/understanding-restricted-performance-stock

Level 2
Feb 26, 2024 7:03:23 PM

For 2023, TT no longer has an "Other" selection. Why doesn't TT have a performance award selection - even as it is treated the same as an RSU?

 

This is confusing. 

 

I am also having to select RSU, even thought it is not, to ensure the right tax treatment, right?

Expert Alumni
Mar 6, 2024 8:10:40 AM

Yes, by marking it as a RSU, it will receive the right tax treatment. You can also refer to the article posted above by waisaacs.