Meta filing: Zuck pushed a Musk-style stock-heavy pay package, three directors weighed resigning
shauntrennery · x · 2026-10-23
Per shauntrennery, Meta's new filing is remarkable: $1-salary Zuckerberg spent months pushing his board for a Musk-style, stock-heavy package while demanding a new share class (needed to fund AI spending) not dilute his voting control. When directors pushed back, he floated leaving California and announced at a board dinner he'd list his Palo Alto house in four days; three directors discussed resigning. The deal: he stays in California for 8 years, can sell a slice of stock without losing control, can sell more the longer he stays — and no shareholder vote is needed, since he controls the votes.
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