Twitter Inc Chief Executive Jack Dorsey said he is giving a third of his stock in the company, about 1 per cent, to the employee equity pool.
This move is to "reinvest directly in our people," Dorsey, who was named as the company's permanent CEO earlier this month, said in a tweet on Thursday.
I'm giving ~1/3rd of my Twitter stock (exactly 1% of the company) to our employee equity pool to reinvest directly in our people.
— Jack (@jack) >October 23, 2015
Twitter could not be reached immediately for a comment outside regular business hours.