The service now allows a user to set a maximum and minimum price for each stock grant and sends an email when the grant hits the target price with the grant details, according to a press release. Companies can add this new feature to the custom Web sites they license from myStockOptions.com, and financial advisers who subscribe to myStockOptions.com Pro Membership can send these alerts to their clients.
The stock price alert is an addition to other alerts employees and advisers can arrange to remind them about key vesting dates, imminent expirations and desired pre-tax grant values. Users can also set up myAlerts to email them daily, weekly or monthly summaries of stock grants, the release said.
“myAlerts can remind users about these key financial-planning opportunities. In addition, myAlerts can help in the development of overall strategies for exercising and selling. Executives can even use the stock-price alerts to monitor the trigger points for Rule 10b5-1 trading plans,” said Bruce Brumberg, editor-in-chief of myStockOptions.com, in the release.
myAlerts is a benefit of Premium or Pro Membership at myStockOptions.com and is also available for licensing and part of custom sites for companies. A one-month free trial is available on the myAlerts page of http://www.mystockoptions.com . Registration is required.