InvestorsHub Logo
Followers 19
Posts 1668
Boards Moderated 0
Alias Born 08/12/2019

Re: KYCats post# 106203

Friday, 08/05/2022 9:17:50 PM

Friday, August 05, 2022 9:17:50 PM

Post# of 119411
I stand corrected. They can be used for collateral.

But he amount you can borrow against them is very low. As low as 5%. Anybody using restricted shares as collateral would have to be really, really desperate for money.
https://www.forbes.com/forbes/1999/1101/6411420a.html?sh=3ea5700e79bb

Then there is still the vesting timeline. Thats when you actually get the shares. Restricted shares given to employees have a date when they can be sold. They are also considered to be income so you pay taxes on them.

Livin large, thanks to YOU!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PHIL News