# Restricted stock

> Restricted stock — Shares bought or received outright but subject to a vesting schedule: if the holder leaves early, the company may repurchase the unvested shares on the agreement's terms. Taxed under §83 as it vests, unless an 83(b) election is filed within 30 days.

Source: https://lopifi.com/glossary/restricted-stock
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is restricted stock?** In accounting, restricted stock means shares bought or received outright but subject to a vesting schedule: if the holder leaves early, the company may repurchase the unvested shares on the agreement's terms. Taxed under §83 as it vests, unless an 83(b) election is filed within 30 days.

## Also known as

- Restricted stock purchase agreement
- RSPA

## Words this system refuses for it

- RSU (a promise of shares later, not shares now)
- restricted securities (a securities-law resale limit)

- **Category:** Equity & financing
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** 83-b-election, vesting