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Can I use Selling Plan for my RSUs, options, or ESPP shares?

Note: Wealthfront is no longer accepting new Selling Plan clients. However, we will keep these articles online for clients with existing plans.

Wealthfront can handle all of your vested and exercised stock, whether you earned it in the form of Restricted Stock Units (RSUs), as a result of having exercised options (ISOs or NSOs), or stock you have purchased in an Employee Stock Purchase Program (ESPP), or stock that you have acquired in any other way, even if you are not an employee of the company.

Please note that some companies do not allow the transfer of certain types of stock (e.g. ESPP shares). Lastly, please note that we won't sell ISO shares if they've been held for less than a year since it will generate a significant short term capital gain.

Your stock needs to be unrestricted (e.g. post-lockup) for you to be able to transfer it to Wealthfront and use Selling Plan.

Nothing in this blog should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security. Financial advisory services are only provided to investors who become Wealthfront Inc. clients pursuant to a written agreement, which investors are urged to read carefully, that is available at www.wealthfront.com. All securities involve risk and may result in some loss. For more information please visit www.wealthfront.com or see our Full Disclosure. While the data Wealthfront uses from third parties is believed to be reliable, Wealthfront does not guarantee the accuracy of the information.

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