FATCA and physical foreign stock certificate

[amits-ny]

I am a bit confused about this declaration.

I have Stock Certificate offered as vested RSUs by my company and compushare is the transfer agent. I do not have any foreign brokerage account.

So I have physical stock certificate registered in UK given to be as a result of vested RSU. The worth fluctuated between $8000 to $15000.

I paid the taxes when I received the vested RSU ( the bank included the amount in W-2). I pay taxes on teh dividends I receive.

From what I understand since this is not a Foreign Account and worth less than $25000 I do not have to do anything else - except pay taxes on Dividends and Any Capital Gains if I ever sell.

Am I right ?

[Critter-3]

You are correct.