Troutman Pepper Partner Sheri Adler recently joined Meredith Ervine on The Pay & Proxy Podcast from Compensation Standards, to discuss the upcoming shift to T+1 settlement and the impact on equity award tax withholding. The podcast can be accessed here. Topics discussed include:

  • When tax becomes due for common types of equity awards;

  • Withholding methods for employers;

  • Employer responsibilities for depositing federal income tax withheld;

  • Potential penalties for a failure to timely deposit;

  • New timing for depositing tax following the shift to T+1 settlement;

  • Actions and considerations before the May 28 effective date of T+1 settlement.

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