Author Topic: Sold Company Stock!  (Read 1305 times)

Octotat

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Sold Company Stock!
« on: February 07, 2018, 02:07:57 PM »
My previous company gave me stock awards, and I realized that the brokerage was constantly re-investing the dividends.  So a $6 commission for roughly $100 !!!   I sold the lot, and will be dumping that big chunk into my Etrade account according to my AA!

meatgrinder

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Re: Sold Company Stock!
« Reply #1 on: February 22, 2018, 05:49:21 PM »
My previous company gave me stock awards, and I realized that the brokerage was constantly re-investing the dividends.  So a $6 commission for roughly $100 !!!   I sold the lot, and will be dumping that big chunk into my Etrade account according to my AA!

Nice, I too should probably sell my RSUs that have vested but they have gone up so much (~1000%) and have created a very large chunk of my wealth, however, I have reason to believe they will keep going up due to my access to inside info.

Trev

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Re: Sold Company Stock!
« Reply #2 on: February 24, 2018, 03:15:43 AM »
Good luck. But just beware having a lot of wealth invested in a single stock. Concentration risk!

Slee_stack

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Re: Sold Company Stock!
« Reply #3 on: February 26, 2018, 11:24:38 AM »
I sold 25% of my company stock in mid January.  Lucked out on 'timing' before the drop.

I do want to sell more of it, but may wait until next year.   Before selling, I had over 10% of my NW in it.  I didn't mean for it to get that high, but ESPP and RSUs, and appreciation snuck up on me.


I want to knock it below 5%  (through selling though, not depreciation!)


MilesTeg

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Re: Sold Company Stock!
« Reply #4 on: February 26, 2018, 11:49:59 AM »
My previous company gave me stock awards, and I realized that the brokerage was constantly re-investing the dividends.  So a $6 commission for roughly $100 !!!   I sold the lot, and will be dumping that big chunk into my Etrade account according to my AA!

Might have just transferred the shares, though sometimes brokerages have onerous "break up" fees that are absurd.