Meta Offers Zuckerberg Share Incentive to Remain in California
Meta has offered Mark Zuckerberg an incentive, allowing him to sell a new class of non-voting shares, to remain in California. This agreement comes after Zuckerberg indicated he might leave the state if voters approved Proposition 40, a proposed wealth…
Fresno Visalia, CA, October 22, 2026 —
Meta has offered Mark Zuckerberg an incentive that would allow him to sell a new class of non-voting shares, according to the information provided. The agreement is tied to his remaining in California.
The offer follows Zuckerberg’s indication that he might leave the state if voters approve Proposition 40, a proposed wealth tax on billionaires. The information provided does not specify when he made the statement or describe the circumstances in which he said he might leave.
Details of the incentive are limited. The value of the shares, how many shares Zuckerberg would be allowed to sell, and the terms or timing of any sale were not provided. It is also unclear from the information available whether the offer has conditions beyond Zuckerberg remaining in California.
The summary describes the shares as a new class with no voting rights. It does not explain how the class would be created, how it would differ from other shares, or whether any other parties would be affected by the arrangement.
Proposition 40 is described as a proposed wealth tax on billionaires. The information provided does not state when voters would decide on the measure, whether it has qualified for a ballot, or what its proposed rate or implementation details would be. It also does not identify the source of the information about Meta’s offer.
As presented, the agreement links a share-sale opportunity for Zuckerberg to his staying in California, against the backdrop of the proposed tax measure. Further details about the offer and the proposal were not provided.
Story summarized from the original created by AP on abc7news.com, see more information here.
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