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Lumen to Move to Nasdaq as RSU Tax Rules Draw Attention
Original: Lumen Is Moving to Nasdaq. His RSUs Will Count as Wages When They Vest, but the Next $50,000 Gain Won’t Count for Social Security
Lumen Technologies is transferring its stock listing to the Nasdaq exchange. The move has also prompted discussion of how restricted stock units are taxed: when Lumen employees' RSUs vest, the value counts as taxable wages for Social Security purposes, but any further gains above that point do not. The reported example cites a $50,000 gain that would not be subject to Social Security tax.
Why now: Investors and employees are watching the exchange switch and the tax implications for equity compensation.
Lumen TechnologiesNasdaqSocial Security Administration
Evidence
- Lumen Is Moving to Nasdaq. His RSUs Will Count as Wages When They Vest, but the Next $50,000 Gain Won’t Count for Social Security · 24/7 Wall St.
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