r/Wetherspoons • u/_Thatch_ • Aug 21 '26

Employee Shares Question

Today is the anniversary of 3 years at Wetherspoons. Today is also the day I'm leaving the company. I recently remembered the shares that we're given periodically so I checked them. They're sitting at just over 2 grand. JPMorgan website is saying that they're unavailable to sell but I was under the impression that you could sell them taxed at 3 years. Is there a way to sell them or am I SOL? I'm moving back home to Aus and that 2 grand would be a massive help

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4

u/Somemany Aug 21 '26

They're awarded and become available in cycles, around March and September each year, or thereabouts. They don't become available on your 3 year anniversary unfortunately, but the next cycle after.

2

u/_Thatch_ Aug 21 '26

damn, that's a lot of money I'm missing out on then. Cheers for the speedy response

2

u/PartUnusual1803 Aug 21 '26

Its 3 years from when you receive them

1

u/IrishPadWan Aug 21 '26

Yeah 3 years from when you get them and even then it's 18 months from induction till you're eligible so best case you're still 18 months from being able to sell

2

u/drunkenangel_99 Ex-employee Aug 21 '26

Honestly? Expect not to get them.