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🚀 Cancel a grant, with a full audit trail

EquityList Product Updates

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New Feature

🚀 Cancel a grant, with a full audit trail

Under Equity Grants > Grants, admins can now cancel a grant directly from the grant detail page or grant list, for stock option, SAR, and RSU grants in Pending Countersign and Executed status.

One action voids every vesting event on the grant — past and future — sends the cancelled units straight back to the unallocated pool, cancels any open exercise requests or buyback/surrender participation, and emails the grant holder automatically. Add an optional cancellation reason and a personal note to the grant holder, then type "CANCEL" to confirm — deliberately permanent, and impossible to walk back.

  • Cancelled grants are always shown (labelled) in grant reports, with a filter option to include or exclude them.
  • Lapsed, Expired, and Hidden grants can't be cancelled — those states already carry their own terminal meaning.