Twitter Freezes Employee Equity Award Accounts

The transcript discusses the freezing of Twitter employees' equity award accounts as the deadline for Elon Musk's acquisition deal approaches. This move is seen as a sign that the deal is proceeding as expected. The notice on Schwab accounts indicates a final reconciliation of employee accounts before the acquisition closes. Many Twitter employees were waiting for their stock to vest before considering leaving the company. The transcript also touches on the possibility of equity holders rolling over their investments into a private entity, highlighting the significant role of employee stockholders in the final closing calculations.

What are the implications of the deadline set by Judge Kathleen Saint Jude McCormick?

What considerations were Twitter employees making regarding their employment in relation to stock vesting?