When you leave a job, don't forget about unvested equity like RSUs and stock options. A move to an exciting new role can make you overlook real money left behind. Get a financial advisor involved before you resign so you can plan exercises, negotiate acceleration, and handle the tax hit.
They got a promotion, new title, car allowance, the whole thing. Yeah. And so now their attention is 100% focused on Company B because it has to be after the ground running. You got to get your team going, you got to get up to snuff. And so they kind of forget about all everything that they had at Company A. It's just left there. Now, if it's a company that has been performing— if this was NVIDIA 5 years ago, the leaving it there was probably a bad deal. Right. But if it was Target 5 years ago, sure, probably not a good idea. So I'm going to go back to what we were saying a few minutes ago. If you have equity comp, it can't be left alone. You do need to evaluate it. Right. And as we know, in our capitalistic society that's dynamic, you can go from hero to zero quickly. Yep.
So you really need to pay attention. And then let's talk a little bit about mechanics here. So when someone leaves a job, They may or may not have unvested RSUs or options or other equity comp. What usually happens there? Can you kind of walk people through what they need to do with that?
I would say you're going to need to do a lot. I'm going to go through kind of some of the line items. But in general, if you're an executive and you're planning a move, give us a call. Call your advisor. Don't wait till you get the job offer, you've submitted your termination, and then come see us. We're going to have a lot more we can do the earlier we know.
