Selling Vested Employee Shares

Always sell your shares when they vest! You are extra exposed to employee trouble. Would you buy that much employer stock if you had the cash?

As soon as they vest. I'd sell them if I were you. I/you have enough risk tied up with a company simply from receiving a pay cheque from them.

so basically they can prevent employees from selling their stonks at will... makes said stonks worthless don't it?

All yoir vested unvested stock can give that flexibility !

Some companies allow their employees to sell a portion of vested stocks whenever they're doing a new round. SpaceX is one of the top examples I know of. This is how they retain the top talent.

Is holding the shares a condition of working there? Cause I'd rather sell them and diversify. I don't want the risk of the company going under to cost me my salary _and_ my investments.

Employees should always sell their shares as soon as they are able. Not a dilemma at all. There's no point in concentrating your risk in a company you already rely on for your regular pay.

Did you sell stock as soon as it vests? Why?

Couldn’t employees buy stocks in the company they work at and receive dividends?

Ask yourself "if I was given the equivalent in cash instead of equity (e.g. a bonus or just an increased base), would I buy shares in my employers' company?"If the answer is no, then it makes sense to sell immediately.