Latest news with #RSUs
Time of India
a day ago
- Business
- Time of India
What are restricted stock units?
Live Events Let us understand what are restricted stock units 1. RSUs are company shares granted to employees as part of compensation, but these come with restrictions of vesting over time.2. Employees are not required to pay anything to receive the shares as they are granted for free, subject to vesting.3. RSUs vest over a set period, commonly in annual or quarterly instalments, say, 20% each year over five years. Till such time, employees don't own the shares or have any rights.4. At the time of vesting the market value of RSUs is treated as income and taxed accordingly.5. At the time of sale, the gain or loss after vesting is taxed as capital gain or on this page is courtesy Centre for Investment Education and Learning (CIEL).Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta
Yahoo
a day ago
- Business
- Yahoo
Skillsoft Announces New Employee Inducement Grant Under NYSE Rule 303A.08
BOSTON, June 06, 2025--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL) ("Skillsoft" or the "Company"), the platform that empowers organizations and learners to unlock their full potential, today announced that on June 4, 2025, the Talent and Compensation Committee of Skillsoft's Board of Directors made a grant of 50,000 restricted stock units ("RSUs") of the Company's Class A common stock to Raianne Reiss. The grant of RSUs was offered as a material inducement to Ms. Reiss' hiring as Chief Marketing Officer on April 28, 2025, and was made under Skillsoft's 2024 Employment Inducement Incentive Award Plan. 50% of such RSUs vest ratably over four years, and the remaining 50% vest at the end of a three-year period, based on the achievement of specified annual revenue growth targets, as determined by the Board of Directors, in each case, subject to Ms. Reiss' continued employment with the Company through each vesting date. The awards were granted in reliance on the employment inducement exemption under the NYSE's Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards. The Company is issuing this press release pursuant to Rule 303A.08. About SkillsoftSkillsoft (NYSE: SKIL) empowers organizations and learners to unlock their full potential by delivering personalized, interactive learning experiences and enterprise-ready solutions. Powered by AI and strengthened by a broad ecosystem of partners, the Skillsoft platform helps customers solve some of today's most complex business challenges including bridging skill gaps, improving talent retention, driving digital transformation, and future-proofing the workforce. Skillsoft is the talent development partner of choice for thousands of organizations – including 60% of the Fortune 1000 – and serves a global community of more than 95 million learners. For more information, visit View source version on Contacts Investors Ross Collins or Stephen PoeSKIL@ Media Cameron Sign in to access your portfolio
Mint
3 days ago
- Business
- Mint
Foreign income or stocks? Learn how to reporting, taxes & more
Employee Stock Options (ESOPs) and Restricted Stock Units (RSUs) issued by foreign companies have increasingly become part of compensation packages for Indian professionals. Yet, navigating the intricacies of reporting such foreign income and understanding associated tax implications can be complex and daunting. To address these challenges, Mint is hosting an insightful webinar titled 'Foreign ESOP/RSUs or Income: Reporting, Taxes, and More', scheduled for June 14th, at 11 AM. You can register here. 'Understanding schedule FA and the correct way to report RSUs, ESOPs, stocks and any other foreign assets is the key to avoiding stiff legal consequences including a 10 lakh penalty. We will guide you on how to fill this key form in your ITR,' said Neil Borate, Editor of Mint Money. The webinar will feature Neil in conversation with Mayuresh Kini, Co-Founder of Zinc Money. They will demystify the processes involved in accurately reporting foreign ESOPs, RSUs, and related income, along with offering clarity on tax obligations for Indian taxpayers. 'If you're an Indian resident, remember that India taxes your global income - so disclosing all your foreign assets (including RSUs) and income is a must,' said Mayuresh. Participants of this interactive session will learn about, Comprehensive guidance on reporting foreign ESOPs and RSUs in your Indian tax filings. Understanding tax treatment and obligations related to foreign-earned income. Navigating Schedule FA accurately to report foreign assets. Common pitfalls and best practices in managing cross-border financial instruments. Given the evolving global employment landscape, clarity on foreign ESOPs and RSUs is essential for tax compliance and financial optimisation. This webinar aims to equip professionals with practical tools and expert advice to manage their foreign assets confidently and effectively. Don't miss out on gaining crucial insights from industry experts. Register Now.
Associated Press
3 days ago
- Business
- Associated Press
Empress Grants Stock Options and Equity Incentives
VANCOUVER, BC / ACCESS Newswire / June 6, 2025 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ('Empress Royalty' or the 'Company') announces that the Board of Directors has approved the granting of 1,400,000 incentive stock options (the 'Options') to purchase an aggregate of 1,400,000 common shares (the 'CommonShares') of the Company to certain directors, officers, employees, and consultants of the Company. Each Option is exercisable into one Common Share at an exercise price of $0.68, being the closing market price of Empress' common shares on June 6, 2025. The Options will vest as to one-third on the date of grant, one-third one year from the date of grant, and one-third two years from the date of grant and will expire on June 6, 2030. All stock option grants will be governed by the Company's Stock Option Plan which was approved by the shareholders of the Company at its last annual meeting of shareholders held on June 26, 2024. In addition, the Board of Directors has also approved the granting of 1,750,000 restricted share units ('RSUs') and 650,000 deferred share units ('DSUs') to certain directors, officers and consultants of the Company. Each of the RSUs and DSUs will vest equally over two years, with the first vesting date occurring June 6, 2026. Upon vesting, each RSU and DSU represents the right to receive one common share in the capital of the Company in accordance with the Company's Equity Incentive Plan, which was last approved by the shareholders of the Company at its annual meeting of shareholders held on September 28, 2022. ABOUT EMPRESS ROYALTY CORP. Empress is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. Empress has built a portfolio of precious metal investments and is actively investing in mining companies with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial and Terra Capital which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models. ON BEHALF OF EMPRESS ROYALTY CORP. Per: Alexandra Woodyer Sherron, CEO and President For further information, please visit our website at or contact us by email at [email protected] or by phone at +1.604.331.2080. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. The information contained herein includes 'forward-looking statements' and 'forward looking information' as defined under applicable Canadian securities laws ('forward-looking statements'). Forward-looking statements and information can generally be identified by the use of terms such as 'may', 'will', 'should', 'expect', 'intend', 'estimate' ,"continue', 'believe', 'plans', 'anticipate' or similar terms. Forward-looking information and statements include, but are not limited to, statements with respect to the activities, events or developments that Empress Royalty Corp. ('Empress' or the 'Company') expects or anticipates will or may occur in the future, including those regarding future growth and ability to create new streams or royalties, the development and focus of the Company , its acquisition strategy, the plans and expectations of the operators of the projects underlying its interests, including the proposed advancement and expansion of such projects; the results of exploration, development and production activities of the operators of such projects; and the Company's expectations regarding future revenues. Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about Empress's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions and although the assumptions made by the Company in providing forward-looking information and statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Empress to differ materially from any projections of results, performances and achievements of Empress including, without limitation, any inability of the operators of the properties underlying the Company's royalty and stream interests to execute proposed plans for such properties or to achieve planned development and production estimates and goals, risks related to the operators of the projects in which the Company holds interests, including the successful continuation of operations at such projects by those operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on any such projects, risks related to international operations, government relations and environmental regulation, uncertainty relating to the availability and costs of financing needed in the future and the Company's ability to carry out its growth plans as well as the impact of the COVID-19 pandemic and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Empress for the year ended December 31, 2024 and its other publicly filed documents under its profile at . Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information and statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. Disclosure relating to properties in which Empress holds royalty or stream interests is based on information publicly disclosed by the owners or operators of such properties. The Company generally has limited or no access to the properties underlying its interests and is largely dependent on the disclosure of the operators of its interests and other publicly available information. The Company generally has limited or no ability to verify such information. Although the Company does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. In addition, certain information publicly reported by operators may relate to a larger property than the area covered by the Company's interest, which often may only apply to a portion of the overall project area or applicable mineral resources or reserves. SOURCE: Empress Royalty Corp. press release
India.com
03-06-2025
- Business
- India.com
After layoffs, Narayana Murthy's Infosys pays Rs 800000000 salary to…, 752 times higher than employees, more than Ratan Tata's TCS, Azim Premji's Wipro's…
Narayana Murthy, Late Ratan Tata and Azim Premji- File image (Left to right) Infosys CEO and MD Salil Parekh's pay in FY25 increased 21.6 per cent to Rs 80.62 crore, according to the company's annual report. Parekh drew a salary of Rs 66.25 crore in the previous fiscal. The Infosys Annual Report showed that Parekh, who took over the helm of Infosys in January 2018, earned Rs 7.45 crore in base salary, Rs 0.49 crore as retiral benefits, Rs 23.18 crore in bonus/incentives/variable pay, and Rs 49.5 crore in perquisites on account of stock options exercised in FY25. The perquisite value of stock incentives is on account of the exercise of 3,06,276 Restricted Stock Units (RSUs) granted to Parekh. Parekh's industry counterparts, Wipro CEO Srinivas Pallia and TCS CEO K Krithivasan, earned a salary of USD 6.2 million (about Rs 53.64 crore) and Rs 26.52 crore, respectively, in FY25. The salary hike comes at a time when the company laid off hundreds of trainees from its Mysore campus, cut variable pay and there is uncertainty in the IT sector. However, Parekh said in his letter to shareholders that Infosys remains a global leader in AI, cloud, data and digital solutions. He said that in FY25, the company employed 15,000 college graduates and by the end of the year the number of employees increased to more than 3.2 lakh. Apart from this, this year they were also given ESOPs worth about Rs 50 crore, which includes ESG and performance-based equity incentives. Meanwhile, Infosys on April 17 reported profit of Rs 26,713 crore in FY25, registering a marginal increase of 1.8 per cent over FY24. Revenues climbed 6.06 per cent to reach Rs 1,62,990 crore exceeded its guidance of 4.5-5 per cent for the full FY25. (With Inputs From PTI)
