In This Episode
Dayton Rumbold, Bill Wettstein, and Toby Plattner discuss everything ESOP! As a Nussbaum employee owner, you receive shares of private stock invested in your ESOP account…..but how exactly does this benefit operate? Today’s episode is packed with helpful information, from how the ESOP works, to how much your account could earn, looking ahead to the second ESOP sale, and more.
- ESOP 101
- Why did Nussbaum become an ESOP?
- How does an ESOP work? What benefits do I receive as an employee?
- How do I enroll in the ESOP?
- How it Works: Breaking it Down
- When am I eligible to enter the ESOP?
- What is vesting, and when does my ESOP account become fully vested?
- How much could my ESOP account earn over time?
- When will I receive my ESOP statements?
- Can I buy additional stock?
- Valuation
- What affects the ESOP Share Price?
- Second Sale
- What will the 2nd ESOP sale look like? What will happen to the share price?
- Future
- How do I get my money after leaving the company?
If you prefer the audio-only recording of this episode, use the player below.