Adding a Share Split

Stock splits help startups issue precise equity percentages to employees and investors by dividing existing shares into multiple shares at a proportionally lower price.

When you need a share split

If your company has 50 shares at $20 each and wants to grant an employee 1% ownership (0.5 shares), you can't issue partial shares. A 2-for-1 split creates 100 shares at $10 each, allowing you to issue exactly one share for 1% ownership.

Steps to split shares

1. Navigate to Ownership → Cap Table from the main menu

2. Select Shareholders from the top menu

3. Click Actions in the top right corner

4. Choose Share Split / Stock Split from the dropdown menu

5. Enter the Split Factor (e.g., "2" for a 2-for-1 split)

6. Select the Date of Share Split

7. Click Split to apply the split factor across all shareholders with holdings on that date

Important: You'll need to repeat this process separately for each share class you want to split.

Need help with existing option plans?

If you need to apply the split to existing stock option plans, contact our Customer Success team through the chat. We'll guide you through the additional steps to ensure your option grants reflect the new share structure.

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