Troutman Pepper Partner Sheri Adler recently joined Meredith Ervine on The Pay & Proxy Podcast from Compensation Standards, to discuss the upcoming shift to T+1 settlement and the impact on equity award tax withholding. The podcast can be accessed here. Topics discussed include:

• When tax becomes due for common types of equity awards;
• Withholding methods for employers;
• Employer responsibilities for depositing federal income tax withheld;
• Potential penalties for a failure to timely deposit;
• New timing for depositing tax following the shift to T+1 settlement;
• Actions and considerations before the May 28 effective date of T+1 settlement.