About Shopify equity
Shopify (SHOP, HQ Canada) grants RSUs to employees. No ESPP. 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
- Run the RSU vesting calculator against your next tranche.
- Read the complete RSU guide.
- Match with a fiduciary advisor before a meaningful event.