See how employees across tech use Candor to optimize their taxes, plan for the long-term and get a better price for their RSUs
Amir has accumulated a lot of RSUs between his salary and refreshers. His Meta shares now make up the majority of his net worth. Amir is worried about having an overconcentrated position in Meta, especially since the stock has been volatile lately and he lost some value since the beginning of the year. He wants to reduce risk of further losses by building a diversified portfolio but doesn’t know where to start.
Amir’s recommendations include a trading plan that automatically swaps his RSUs for a Blackrock institutional portfolio weekly. He is in a high tax bracket so he also has portfolio tax optimization and long term capital gains settings turned on.
Camilla is receiving RSUs as part of her compensation at Snap and has been anxiously watching the stock price fall. She’s decided that if the price ever goes back again, she wants to sell immediately to recoup as much of her losses as she can. Because of trading window restrictions, Camilla can’t sell immediately when the price goes up. She also wants to get as much of her money back as possible and a limit order is risky- the price may go even higher after she trades and she wants to get all the upside she can.
Camilla sets up a Candor plan with a trigger limit - the plan can trade immediately, even outside trading windows. Since she really cares about getting the most out of her stock, she turns on the “upswing limit” setting. This allows her to sell each grant in 20 micro transactions, taking advantage of upside pricing of the stock and getting a much better average price compared to selling it all at once.
In year 3, Emma will get much less cash as part of her pay, making it hard to afford her monthly bills. She’s never sold RSUs before. She’s anxious about her savings.
With Candor, Emma sets up a recurring monthly sale of 10% of her RSUs- just enough to cover her bills. She can optimize what price she gets for her shares with a pre-set trading plan. And, she can transfer as much cash as she needs into her checking account.
Sujit sold some RSUs last year but did not anticipate how high his tax bill would be. He recently learned he can optimize his sales by waiting for long term capital gains. He wants to make sure he automatically gets a tax break without having to time trades himself.
Sujit sets up a trading plan focused on his taxes. His recommendation include long term capital gains for both his current and future RSUs. In case the stock declines, he also has wash sales on. He picked a 25% liquidation preference across all his grants and swaps the proceeds to a tax-free portfolio.
Think us like a hedge fund in your pocket.
Automatically time trades to save on taxes, reduce losses and earn more per share.
Candor helps you both sell and re-invest your RSUs in a tax efficient way.