Hi all, I received an Amazon offer recently and will be joining next week. I was offered 20 RSUs vesting over 4 years. Now with the amazon stock split announcement, how will that work? Offer letter mentions 20 and not any dollar value. Will the RSUs split automatically or do I need to reach out to HR? Tc : 120k #tech #amazon #aws
It will split automatically.
Getting 20 stocks after split would be Epic!
You will get 20 rsu if you join before stock split which will get converted to 400 later on.
Get it in writing.
It will automatically split sometime after it’s officially approved in May. You’ll have 400 RSU which will offer more flexibility when deciding how much you want to cash out upon award.
While it should split automatically, I'd suggest that you reach out to recruiter and get their response in writing. Even if its the most obvious thing, written down is better than just assuming things.
How is the AMZN upcoming stock refresh cost basis calculated? Does Amazon intentionally send out the bullish news right before refreshment so that less shares shall be given?
Its gonna go down anyway. They're in trouble. Its hanging on by a thread and someone is just throwing wood on the fire.
Yeah, it's not like we've owned a market segment with very little competition that now has every major manufacturer with much better distribution and manufacturing capability gunning right for us..... I'd hate to be in that position.....
Aws may break away but even corporate says "expansion has been the motto" but how do you turn that expansion? 🤔 i get it tho fanboys will be fanboys
Same situation. Start in a couple weeks.
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I haven’t done shit today!
Well now you have 1 stock welcome aboard!
:D
It is 400.