I have 15,000 RSUs. I chose 37% of my shares withheld for federal taxes. What price does the share have to rise to in order for me to become a millionaire? Is this ChatGPT math right? ๐๐ To find out the price per share at which you will become a millionaire, first, we need to find how many shares you have left after 37% were withheld for taxes. Calculate the number of shares withheld: 15000 shares ร 0.37 = 5550 shares (withheld) So, you have 9450 shares remaining: 15000 shares - 5550 shares (withheld) = 9450 shares (remaining) To find out at what price per share your holding will equal 1 million dollars, use the following formula: Total value = number of shares ร price per share To find the price per share: price per share = total value / number of shares Substitute the value of 1 million dollars (or 1,000,000) for the total value and 9450 for the number of shares: price per share = 1,000,000 / 9450 โ 105.82 USD/share So, in order for you to become a millionaire, the price per share would need to rise to approximately 105.82 USD.
Whatโs the strike price?
$100 ๐๐ reminds me when $UBER IPOd and people thought it would go to $100 and be rich... And IPO was the high for years.... $CART gonna be the same thing. Already down -$6 from open poo
Is there a lockout period for insiders?
$CART is gonna be at 15 by the time you get to sell
Think it can get there in a good economy. Just hodl
Not going to get there. Sorry fam.
Sell now and put in index fund. You wonโt get a better deal than this.
Hoping it happens for you. Good luck!
You are missing state taxes, Medicare, Ssa and all that.
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How strict is the google RTO ?
You also need to pay captain gains on the price you sell - IPO price
do ipo shares sold after lock up period count as short or long term ? and if share is < ipo price, can the entire amount be harvested against income or only 3000 ?