What, How, Why

Employee Stock Purchase Programs (ESPPs) can offer meaningful value, especially at companies that provide favorable terms or lack large RSU grants. Here are the core points from the lesson:

• ESPPs let employees buy company stock at a discount (up to 15%) with a $25,000 annual contribution cap and often include “lookback” provisions to buy at the lower price between the start and end of the offering period

• Programs with multiple purchase periods inside long offering windows—like those at Adobe or NVIDIA—can dramatically increase the value of purchases if the stock appreciates

• Some companies may impose holding periods before you can sell shares, so it's essential to understand your specific plan’s rules before committing

Next steps with Andy:

• Connect with Andy on LinkedIn
• Leave feedback and/or sign up for Andy’s newsletter
• Schedule a consultation