In offer letter its mentined that I’ll receiving annual RSU amount equivalent 30k and its says it will be vested over 4 years period in 25%. So, what that means ? I’ll be getting 30k RSU every year?
No
My offer letter from Walmart mentioned the same thing so Yes
You will be granted a number of shares equal to $30k every year. Each grant vests over 4 years. Vested shares are the ones that actually have cash value. So you'll get a cash value of $7500 after 1 year from your start date grant. You'll be given another $30k grant on the same day. A year later, on your 2 year anniversary, both your start date grant and your 1 year grant will vest $7500 each, meaning you'll effectively earn a cash value in year 2 of $15k. Then another $30k grant, and a year later a cash value of $22.5k. On your 4 year anniversary you'll finally earn a $30k cash value and this will continue indefinitely.
Is the position stock or register?
Yes