The Employee Stock Purchase Plan (ESPP) lets employees purchase Equifax common stock at a discount with convenient paycheck deductions. Here’s how it works.
You get a 5% discount off the fair market value of the stock on the last day of the offering period when shares are purchased.
You choose when to participate in any of four quarterly offering periods. You are eligible for the first offering period that occurs after you’ve completed 60 days of employment as a full-time or part-time employee.
You choose how much to contribute from 1% to 10% of your gross base pay.
You will earn dividends on the shares you purchase, if issued.
You can sell your shares when you’re ready. All sales must comply with the Equifax Insider Trading Policy, but there are no other requirements for how long you must hold onto your ESPP shares.