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Re: KYCats post# 106203

Friday, 08/05/2022 9:09:55 PM

Friday, August 05, 2022 9:09:55 PM

Post# of 119407
Sorry...wrong.

You can't use restricted shares for closing deals or collateral.

"Restricted stock units (RSU) are stock-based compensation awarded to employees. As noted above, the RSU will vest over a predetermined amount of time, at which point you can access the stock to do as you wish."

Restricted stocks are used for bonuses or to reward employees. Somebody got a nice bonus.

https://www.myopenadvisors.com/restricted-stock-units

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