<i>&quot;I don&#x27;t understand how this can harm the company.&quot;</i><p>Maybe some employees got more shares than other employees with similar job titles, and the company doesn&#x27;t want the lower-compensated employees to find out (since it may cause them to quit or ask for more money).<p>Also, employees of your company may have gotten less equity than employees of other, similar companies, and that information may be used by these other companies to recruit employees of your company.<p>The interests of the company in keeping this information private may be at odds with the interests of the company&#x27;s employees.