Fair market value (FMV)

What the stock was worth on a given date, often used to measure RSU income at vest.

Also called: FMV

() is the price a share would fetch in an open market on a specific date. Your employer or plan administrator typically sets the used for payroll tax on vests.

For public companies, is often the closing or average market price on the . Private companies may use a board-approved valuation.

at commonly becomes your wage income amount for and may also be your starting for when you sell.

Related terms

Educational definition only. Your grant documents, employer payroll, and tax forms control your situation.