Adding a Stock Split
A stock split divides existing shares into a larger number of shares at a proportionally lower price.
Example: A company with 50 shares at $20 each wants to grant 1% to an employee (0.5 shares). A 2-for-1 split creates 100 shares at $10 each, so you can issue exactly 1 share for 1%.
Apply a share split
Go to Cap Table and select the Shareholders tab.
Click Actions in the top right corner.
Select Share Split / Stock Split from the dropdown.
Select the Share class.
Enter the Split factor: e.g., enter 2 for a 2-for-1 split.
Select the Date of share split.
Click Split to apply.
The split applies to all shareholders with holdings on the split date. Repeat this process for each share class you want to split, the split is applied per class, not across all classes at once.
Existing option plans
The share split action will apply only to shares currently on issue, stock options will not be impacted. If you have stock option plans that also need to reflect the split, the grant should be manually adjusted for the split.
Contact our Customer Success team via the chat for assistance on best practices. We'll guide you through the additional steps to ensure your option grants reflect the new share structure.
What happens next
All shareholder holdings are updated proportionally immediately. The split transaction is recorded in Cap Table → Transaction logs.
Share certificates issued before the split are not automatically reissued, see How to Issue Share Certificates below.