Your Guide To Assertio Therapeutics' ESPP: Everything You Need To Know
by Andy Kalmon
Nov 22, 2024
If you work at Assertio Therapeutics, you may be eligible to enroll in the employee stock purchase plan (ESPP). To help you make the most of this opportunity, we’ve put together a comprehensive guide to all the ins and outs of this program, from how it works to how you enroll.
If you’d like to learn more about how ESPPs work in general, be sure to read our blog about an overview of employee stock purchase plans.
Make More Money from your ESPP with Benny's New Program
Benny 2.0 automatically manages your Employee Stock Purchase Plan (ESPP) to make you more money without disrupting your take-home pay.
Here’s a quick rundown of how Assertio Therapeutics' ESPP works.
You can buy Assertio Therapeutics stock at a 15% discount.
You can enroll twice a year:
May 15th
Nov 14th
You can contribute up to 15% of your salary with a maximum of $21,250 per year.
Should You Participate In Assertio Therapeutics' ESPP?
When you enroll in Assertio Therapeutics' ESPP, you have the opportunity to purchase shares of your company stock at a discounted price through automatic payroll deductions.
The benefits of participating in an ESPP are clear – you can make gains and build wealth. In fact, Assertio Therapeutics employees can gain $3,750 or even more annually through their ESPP.
Assertio Therapeutics' ESPP Discount
Assertio Therapeutics offers employees an opportunity to buy Assertio Therapeutics stock at a 15% discount.
Assertio Therapeutics' ESPP Enrollment Periods
You can enroll in Assertio Therapeutics' ESPP twice a year, once in the spring and once in the fall. You can enroll by the following dates:
May 15th
Nov 14th
Assertio Therapeutics' ESPP Contribution Limits
The first thing you need to do is decide how much you want to contribute. You can contribute up to 15% of your salary, with a limit of $21,250 per year.
Assertio Therapeutics' ESPP Offering Period
The offering period is the time that employees can purchase the stock. Assertio Therapeutics' employee stock purchase plan (ESPP) has two 6-month offering periods every year.
When you’re participating in Assertio Therapeutics' ESPP, you set aside money from each paycheck from the beginning of a purchase period through the end. At the end of this purchase period, the money that has been set aside is used to purchase company stock at a discount.
If you are interested in Assertio Therapeutics' ESPP, here are some key dates to keep in mind.
The offering periods are
Jun 1st - Nov 30th
Dec 1st - May 31st
The stock purchase dates are the last trading day before the end of each period.
Selling Your ESPP Shares
Once Assertio Therapeutics purchases the shares on your behalf, they will be deposited into your brokerage account. From there, you can do what you want with them…sell immediately (as long as it’s during the open trading windows), hold for a short time, hold for an extended time, etc.
How does Benny help me make the most of Assertio Therapeutics' ESPP?
Benny makes it easy to participate in Assertio Therapeutics' employee stock purchase plan by giving you cash to match your ESPP paycheck deduction so you can get the benefits of your ESPP without impacting your take-home pay.
For example, if you’re contributing $350 per paycheck to Assertio Therapeutics' ESPP, Benny will deposit $350 in your bank account before each paycheck’s pay date.
Make More Money from your ESPP with Benny's New Program
Benny 2.0 automatically manages your Employee Stock Purchase Plan (ESPP) to make you more money without disrupting your take-home pay.
