Minority shareholders including employees should get similar protections as investors often get in shareholder agreements - e.g. in this particular case it would have helped to have 'tag-along rights' which would have legally required them to be able to sell at the same conditions as those executives.
Not particularly likely to happen, but perhaps we can push towards this somehow? Because otherwise that stock loses much of its worth as compensation.
Would you happen to know of an example of "tag-along rights" that I could bring up at my next board meeting? I'm curious what the implications of such a thing would be and having sample text would be incredibly valuable.
Not particularly likely to happen, but perhaps we can push towards this somehow? Because otherwise that stock loses much of its worth as compensation.