Meta grants Zuckerberg shares to keep him in California
By The BriefBrief
Meta Platforms agreed to grant CEO Mark Zuckerberg a new chunk of company shares in exchange for his staying in California for at least eight more years. The deal was announced Wednesday in a securities filing and is partly intended to keep him in the state as voters prepare to decide in November on a temporary billionaire wealth tax.
WHO:Meta Platforms
WHAT:Meta agreed to grant CEO Mark Zuckerberg new shares in exchange for his commitment to remain in California for at least eight years.
WHEN:Oct 21, 2026
WHERE:California, USA
WHY:Meta said the deal is partly intended to keep Zuckerberg in California amid a proposed temporary wealth tax on billionaires who live in the state.
How this story developed (showing 3 of 3 earlier reports)
