Restricted Stock Restricted-stock plans transfer shares of stock to employees, subject to an agreement that shares cannot be sold, transferred, or pledged until vesting occurs. More popular once FASB required companies to expense stock options. E15-14. Tweedie Company issues 10,000 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2025. The stock has a fair value of $500,000 on this date. The service period related to this restricted stock is 5 years. Vesting occurs if Tokar stays with the company until December 31,2029 . The par value of the stock is $10. At December 31,2025 , the fair value of the stock is $450,000. Restricted Stock E15-14. b. On July 25, 2029, Tokar leaves the company. Prepare the journal entry (if any) to account for this forfeiture