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Company guide · MRNA

Moderna RSU vesting schedule explained

Moderna uses a quarterly vesting schedule. Here's how to plan around each tranche.

About Moderna equity

Moderna (MRNA, HQ MA) grants RSUs to employees and also runs an Employee Stock Purchase Plan with a quarterly vesting cadence.

The quarterly cadence

Quarterly vesting means 1/16th of a four-year grant settles every three months after the one-year cliff. Model each quarter's vest value against your rolling withholding gap.

What to do next

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