jokerfriend6 t1_iujridc wrote on October 31, 2022 at 9:20 PM

Reply to comment by TriggerHappy0071 in Should I enroll in my company's ESPP and sell immediately? by TriggerHappy0071

Yes. The other period is blockout period where you cannot sell shares. Usually this period is aligned with earnings or a big company announcement that might be known internally so they will not let you trade during that period.

TriggerHappy0071 OP t1_iujrupx wrote on October 31, 2022 at 9:22 PM

So essentially does this mean that I can usually sell right away, but during some periods when I have internal information before an earnings report or something I cannot sell the ESPP and be required to hold it?

Baxford1020 t1_iuka6ue wrote on October 31, 2022 at 11:44 PM

My company blocks the sale of ESPP shares for 366 days. You should be able to find the information from your provider, company, or HR. We have no way of knowing that.

TriggerHappy0071 OP t1_iukb258 wrote on October 31, 2022 at 11:51 PM

I'll double check the handbook I was sent, but the only language I found so far regarding blocking the sale of ESPP was what I posted above, which sounded vague. Thanks!