What do we do about our ESPP?
4 replies (most recent on top)
From the FAQ hope this helps people:
What happens when I terminate my employment with T. Rowe Price?
Your balance will remain in your EquiTrax account until you sell or transfer shares. If you wish to transact prior to your last day of employment, you must obtain pre-clearance via myTRPCompliance.
PLEASE NOTE - Beginning Oct 2025, non-employee accounts will be charged an annual maintenance fee each December (valued in October). As of 2024, the fee is .5% of the account value with a minimum of $40.00 and the maximum of $110.00. If EQ does not receive the payment by the due date, shares will be sold from your account to cover the fee. The sale will not be considered reportable income. The fees are subject to change at the discretion of EquiTrax.
If you have questions, call EquiTrax at (866) 665-2258 or (718) 921-8364 when calling from outside the US and Canada and via email at EPSAdmin@equiniti.com. You may also contact the T. Rowe Price Stock Transactions Group for additional questions or assistance via email at TROW_EmployeeStockTransactions@troweprice.com.
@OP you can transfer your shares to a brokerage house, no tax events since you’re moving them.
If you're not an employee anymore I'd assume you could just sell through the site without approval. There's probably an espp number you can call to confirm the procedure.
Dump it all.