A report citing unnamed details says that OpenAI employees cashed out a combined roughly $6.6 billion in stock sales last fall, with some employees earning as much as about $30 million each. According to the New York Post, approximately 75 employees reached the maximum allowed amount for their sales, and those employees received the full payout. The Economic Times similarly describes the figures as individual cash-outs of up to $30 million, without adding further publicly stated context in the provided excerpt. The reporting indicates that the stock sales were subject to an individual cap and that a significant number of employees hit that ceiling. Both outlets frame the information as part of a large, employee-driven liquidation period, but the available summaries do not specify the reason for the sales window, the terms of any trading plan, or whether the figures are linked to a broader financing or liquidity event. The reports present the cash-out amounts and the approximate number of employees involved as the primary facts.
Report says OpenAI employees sold up to $6.6B in stock last fall
A report citing unnamed details says that OpenAI employees cashed out a combined roughly $6.6 billion in stock sales last fall, with some employees earning as much as about $30 million each. According...
- A report says OpenAI employees sold stock worth about $6.6 billion last fall.
- Some employees are described as earning up to roughly $30 million each.
- The New York Post says about 75 employees reached a sales maximum and received the full amount.
- The Economic Times also reports individual cash-outs of up to about $30 million.
- Details such as the trading plan terms or reasons for the sales window are not included in the provided excerpts.
Approximately 75 employees maxed out their sales and received the full $30 million, the report said.
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