I'm about to receive some restricted stock through my employer. These are stock units, not stock options, so I can't defer their vesting. When they vest, my broker is requiring that I wire them cash to cover my expected tax liability or they will forcibly sell about 1/3 of my shares to cover the taxes.
Why am I paying the broker directly? I don't understand why I'm unable to simply declare these RSUs in a quarterly tax payment to the IRS directly. I'm suspecting it's a 100% greedy motivation for them to hold my cash for a bit before passing it on.