ByteDance has raised the internal price of its Doubao shares to $17.02 from $14.85 in June, according to the source material, a 14.6% increase over two months.
Some employees can swap part of cash compensation for Doubao shares
The report says ByteDance is allowing some employees to adjust their pay structure by converting part of their total compensation package from cash into Doubao shares. The exchange quota varies by employee.
For some L2 and L3 employees, the full allocation ratio is 20%. For some L3 and L4 employees, the ratio can reach 25% or 30%.
ByteDance has also increased Doubao share grants. For some employees, the additional allocation can amount to about 5% of total compensation.
Policy coverage is limited
The arrangement does not cover all employees. It mainly applies to Seed’s large-model teams, including pre-training, multimodal and VLM groups, as well as Flow’s main Doubao app team.
Some teams that are more closely tied to Seed and the Doubao base infrastructure, including Ark, may also receive Doubao shares.
Doubao share price has climbed since April
Doubao shares are an internal virtual equity incentive designed by ByteDance for its AI business. The first buyback price in April was $13.08, which rose to $14.85 in June and has now been lifted again to $17.02.
In May, some Seed employees were already given the option to exchange their year-end bonus for Doubao shares. If cash conversion from total compensation is opened up further this time, employees will be able to place a larger share of their income directly into the Doubao business.
Based on the April price of $13.08, Doubao shares have now risen 30.1% in total. In the earlier April-to-June period, Doubao shares gained 13.5%, while ByteDance group options rose about 2.6% over the same stretch.