That's my understanding too. But if the RSU was granted at $50 and the price drops to $30, the employee is going to be quite upset (this could've happened to me at a different company if I had taken a certain offer). That's why I said that the share price continues to matter to the company, even post-IPO.
Expecting share prices to only go up and not move with broader market cycles would be quite naive. Maybe the fed will succeed in keeping this bubble from popping forever, but I certainly wouldn't be counting on it when considering any offer.
