OpenAI CEO Sam Altman confirms no employee vested equity has been clawed back or will be in the future.

OpenAI CEO Sam Altman has clarified that the company has never clawed back any employee's vested equity and will not do so in the future. Altman responded to a report claiming that vested equity was revoked following two high-profile departures. He stated that vested equity is vested equity and there should never have been a clause allowing for the cancellation of equity in the company's documents.

May 19, 2024
7 Articles