In 2018, he sold 1.7 million shares of Square, according to regulatory filings, netting him close to $80 million after estimated taxes. Dorsey, whose stake in Twitter is worth close to $600 million, hasn't touched those shares this year. (The same cannot be said for one of Twitter's other cofounders, Evan Williams, who has sold or donated nearly half his Twitter stock since April 2018.) The decision to decline traditional compensation is often touted as proof of the executive's vested interest in the company's success, since they are receiving zero guaranteed compensation. Dorsey declined all compensation, including stock awards, from Twitter in 2015, 2016 and 2017.
Source: Forbes December 13, 2018 23:15 UTC