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Browse terms140

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Restricted Stock

Employee equity subject to vesting: an RSA generally grants shares at award, while an RSU promises shares only after its vesting conditions are met.

What traders should verify

For Restricted Stock, trace the instrument count, rights, price or conversion terms, vesting or maturity, measurement date, and later changes in filings.

Do not conflate

Do not treat Restricted Stock as proof that shares are issued, outstanding, freely tradable, converted, exercised, vested, or sold unless the evidence establishes that state.

Primary source

SEC definition

Source boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.

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