1 min read
Add as a preferred source on Google

Final Payout From Meta’s 2023 Share Awards Set for Feb. 15, 2027

Meta’s stock has risen more than 400% since the start of 2023, and some employees may have seen their award values increase by $2 million or more.

A blank award certificate rests on a calendar page marked in red / TokenPost.ai
A blank award certificate rests on a calendar page marked in red / TokenPost.ai

The final payout from a particularly lucrative batch of Meta shares awarded to employees in 2023 is expected on Feb. 15, 2027, a date that could affect compensation and retirement plans for some workers.

Some employees refer to the date as the “Rapture,” marking the end of a particularly valuable set of shares awarded in 2023. Meta’s stock has climbed more than 400% since the start of that year, and some employees may have seen the value of their awards rise by $2 million or more.

Former Meta employee Andre Nader estimates senior engineers’ annual stock-award compensation could drop by more than 40% after the payouts end.

For some Meta veterans, the increase in value may make early retirement possible instead of moving to another job.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…