2 ms·
What is an employee blackout?
by cheshireoctopus 5y ago
What is an employee blackout?
- svachalek 5y agoWhen employees are not allowed to sell shares. I think in the case of Palantir though they allowed them to sell up to 20% of their shares.
- i_call_solo 5y agoIt's a policy that prevents employees that have been awarded shares or options to immediately sell their shares once the company goes public to avoid it flooding the market and lowering the price.