Second, importantly, because there’s no double-trigger mechanism to delay taxes, most default to "sell-to-cover"—around 40–50% of holdings are sold immediately to cover taxes when shares vest, since those vests are treated as W‑2 income. Avoiding that requires significant cash to pay taxes based on the vest price rather than the grant price, which becomes especially costly later on.
RE: LeoThread 2026-06-01 14-26