Strategic Financial Planning for UniFirst Executives in a Changing Landscape

A concentrated stock position occurs when a significant portion of an individual’s wealth is tied up in a single stock. For UniFirst executives, this could be through stock options, restricted stock units (RSUs), or direct share ownership. While stock appreciation presents an opportunity, it also creates risk due to a lack of diversification. Financial advisors can provide guidance on:

• Strategies to optimize stock options and equity compensation
• Assessing the percentage of total investments held in UniFirst shares
• Diversification strategies to mitigate risk and reduce over-reliance on company stock
• Utilizing structured solutions such as 10b5-1 trading plans to manage sales over time

Uncertainty can bring changes to employment terms, leadership structures, or even exit packages. Now is the time to:

• Assess severance and retention bonuses
• Negotiate executive compensation in the event of a transition
• Understand new benefits structures and potential career shifts

A sudden increase in wealth due to stock appreciation or an acquisition payout can result in meaningful tax liabilities. Executives should proactively work with tax advisors to:

• Utilize tax-efficient investment vehicles
• Explore charitable giving strategies to offset taxable gains
• Plan for capital gains implications with expert guidance from our Central Tax services

• Understand tax obligations related to stock options, including exercising and vesting events

With the potential for increased wealth comes the need for a comprehensive estate plan. Our estate planning services help executives prepare for potential changes to:

• Establish trusts to protect and transfer wealth efficiently
• Develop charitable giving strategies
• Create asset protection mechanisms for long-term security

Uncertain corporate environments can lead to significant changes in benefits and risk exposure. Our Risk Management team helps executives prepare for potential changes to:

• Retirement plans, 401(k) strategies, and pension benefits
• Life insurance policies and executive benefits
• Health coverage options and supplemental policies
• Hedging strategies such as options to protect against downside risk