Yes and when I did receive a large portion of my compensation in stock, I had it set to sell all as soon as it vested and diversified it. If I had gotten the same amount of compensation in cash, I wouldn’t have put 25% of my compensation in AMZN. So why would I keep my vested RSUs? In fact this year I will get the same amount in cash that I did in 2022 in cash + RSUs. I have no plans on putting 25% of my compensation in any one stock.
Selling my “equity” in a private company once it vested wouldn’t have been an option.
Note for those who don’t know: Amazon has a 5/15/40/40 vesting schedule with their first four year offer. The first two years you get a large pro rated cash signing bonus to make up for the back heavy vesting.