Thread regarding Optum layoffs

Question on RSUs

While I wasn’t directly affected in this instance, I’d like to better understand how RSU vesting schedules apply to employees with multi-year grants (e.g., 25% annual vesting over four years). Specifically, if a vesting date falls in late February but an employee’s termination occurs in early February like this round—mere days before the scheduled vesting—would Optum still honor the payout for that year’s portion?

This scenario could have significant financial implications, particularly for those nearing the completion of a vesting period. Additionally, given that annual raises percentages are pathetic, RSUs often serve as a critical component of compensation.

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| 1921 views | | 10 replies (last January 30, 2025) | Reply
Post ID: @OP+1jjqr4vgr

10 replies (most recent on top)

RSUs are not just for 29+
Some grade 26, through the new grad/college programs also get RSUs

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Post ID: @hb+1jjqr4vgr

Kinda hard to feel sympathy for someone with such a high pay grade you’re guaranteed to be set for the next few months with severance and there is a possibility if they didn’t resent it yet you can lose out of your stock benefits

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Post ID: @fb+1jjqr4vgr

yup grade 31+ no sympathy for those might be addition through subtraction losing those

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Post ID: @e8+1jjqr4vgr

Top performing salary grade 29 and 30 can get them. More standard for 31+.

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Post ID: @dv+1jjqr4vgr

Who gets stock units never heard of this and been hear quite a while. Must be in the Director and above class running this company in the ground. Good riddance

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Post ID: @dg+1jjqr4vgr

"Never heard of those, guess you’re higher up the food chain than I am."

I'm not in a managerial role, just a senior-level IT professional. Even when factoring in RSUs, the annual raises don’t keep pace with inflation. I consistently receive a rating of 4 on my annual review, though I’ve been told that giving 5s isn’t allowed in my department—but that’s a whole other conversation.

Essentially, I’m earning less now than when I started years ago, yet they’re still looking to replace our roles with employees in India. They’ve even posted multiple job openings there for the exact positions they just eliminated here. At least the plan isn’t a secret anymore.

But sure, they still made $5,554,000,000 in Q4 of profit, they really need to tighten the belt to make more.

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Post ID: @cg+1jjqr4vgr

If the company lays off a person who was granted RSU's the restricted stock units would be for the former employee to keep.. they would continue to beat and you have up to ten years to exercise them. It MUST have it documented in a notarized will who would be the beneficiary of the RSU's in the event of the former employee's death.

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Post ID: @ar+1jjqr4vgr

If you’re 55 or over with 10+ years of service, the grant docs indicate you can keep the unvested RSUs.

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Post ID: @ag+1jjqr4vgr

Never heard of those, guess you’re higher up the food chain than I am.

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Post ID: @a3+1jjqr4vgr

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