What does an equity plan administrator do?

An Equity Plan Administrator manages company equity compensation programs, such as stock options, restricted stock units (RSUs), and employee stock purchase plans (ESPPs). They ensure compliance with regulatory requirements, oversee grant issuance and vesting schedules, and coordinate with payroll, legal, and finance teams. Additionally, they provide support to employees regarding their equity awards and reporting obligations. Their role is essential in maintaining accurate records and ensuring that equity compensation aligns with company policies and objectives.