You&#x27;re absolutely right, what was I thinking. Need to sleep more and more regularly.<p>&gt; it always seems a little sleazy to me when still-involved founders sell in a secondary without making that deal available to the rest of the owners.<p>Well, that depends. If the founders have laid everything on the line for a really long time then I can imagine taking some off the table so you don&#x27;t have to go back to work in your dads garage if things go badly wrong. If someone is past their vesting period and they own the stock free and clear they should be able to sell it if there is a market. Other stockholders will have these abilities as well (assuming there are no limitations or shareholder agreements to the contrary).<p>Usually the rest of the stockholders would have an option to purchase the stock at the price agreed between the founder and the outside party anyway, and if there are drag-along clauses then the buyer might find himself forced to buy from many parties.<p>It all depends on what the papers say and what kinds of shares there are.