Meta founder agreement allows 20% of Class C shares to be freely saleable
META•Under a founder alignment agreement, 20% of Class C shares issued to a holder group in a stock dividend will be freely saleable, while the other 80% will face sale and transfer restrictions.
1. Share sale restrictions
Under a founder alignment agreement, 20% of the Class C common stock shares to be issued to a holder group in a stock dividend will be freely saleable. The other 80% will be subject to sale and transfer restrictions.
