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.
Wealthfront prepared this article for informational purposes and not as an offer, recommendation, or solicitation to buy or sell any security. Wealthfront and its affiliates may rely on information from various sources we believe to be reliable (including clients and other third parties), but cannot guarantee its accuracy or completeness. See our Full Disclosure for more important information.
Wealthfront and its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisor. Financial advisory and planning services are only provided to investors who become clients by way of a written agreement. All investing involves risk, including the possible loss of money you invest. Past performance does not guarantee future performance.