Obviously not the same one as your 401k I imagine. So where does it go? Do you have to setup something with a brokerage account like Charles Schwab? My only experience with stocks is with using robo-investors so forgive me for my naivity
They open a brokerage account for you. Salesforce used E*TRADE. When stock vests it transfers into your individual account which you can then control and transfer into your bank account
Dis
Yeah, the company will open a brokerage account for you and deposit the vested RSUs there. At Oracle they use Fidelity, probably because we also use Fidelity for our 401ks.
Bay Area landlords account
Huh? It doesnโt go anywhere.