What does the ESOP Trustee's process look like when an ESOP is purchasing company stock? This session is intended to help demystify the "buy side" process that occurs during a stock purchase transaction. If you are planning a transaction, this session will help you better understand what the fees paid to the Trustee and their advisors are actually paying for. Join an independent trustee and ESOP lawyer for this eye opening explanation!
Learning Objectives:
Understand what the ESOP Trustee does before agreeing to close a stock purchase.
Understand the reason behind the Trustee's fees.
Ask better questions through the process to better monitor the Trustee throughout the transaction.
Jeannine Pendergast, CPA (she/her/hers)
Principal, ESOP Trustee Services Spinnaker Trust Portland, ME