Q: When companies like Telus issue millions of Restricted share units (RSU) like it recently did does this affect the share count and are these free shares given out as compensation irregardless of performance of the company? Thx for helping me to understand.
5i Research Answer:
RSUs are not counted as shares until they are exercised, but then they are. Contracts can vary by company, but typically once granted they are not connected to performance. But vesting (when the RSU can be exercised) certainly may depend on company financial performance.