Typical comp shape
Group product managers usually earn rsu + refresh grants. Common employers include Alphabet, Meta, Stripe. GPM refresh grants at FAANG typically hit 40-60% of base, so annual refresh timing drives diversification cadence.
What Indiana changes
In Indiana, every RSU vest, NSO exercise, and ESPP purchase carries 3% state tax on top of federal. For a senior group product manager with $300k+ of equity income, the state layer routinely adds $25-45k to the annual bill.
Planning cadence
For a group product manager in Indiana, the three planning windows are: after each RSU vest (withholding check and sell-vs-hold), before any ISO exercise (AMT model at federal only), and in Q4 (estimated tax top-up to clear the safe harbor).