Restricted stock
CATEGORY OF STOCK
Restricted Stock Unit; Restricted stock units; Restricted stock unit; Restricted securities; Restricted stocks
Restricted stock, also known as restricted securities, is stock of a company that is not fully transferable (from the stock-issuing company to the person receiving the stock award) until certain conditions (restrictions) have been met. Upon satisfaction of those conditions, the stock is no longer restricted, and becomes transferable to the person holding the award.