Also it's generally unwise to hold onto your employer's stocks that you were granted as single stock ownership is inherently risky. There's no reason to believe your employer's shares are going to beat the market.
Also, the majority of employees in a company other than small startups do not have the ability to shift their company's success materially to make it a worthy incentive to own and hold employer issued stock.
90% of employee owners also have a 401k or retirement account. An ESOP account is in addition to their retirement account, not instead of it. So it's actually more of an upside without any downside.
Also, the majority of employees in a company other than small startups do not have the ability to shift their company's success materially to make it a worthy incentive to own and hold employer issued stock.