While no one knows for sure because the exact formula has never been divulged, this is likely not true. As originally announced at an All-Hands Meeting (I was on the call), there would be a sliding scale based on how long you'd been at the company. Specific examples were shown that included longevity, i.e., "Captain that's been at the company 5 years....$xx,xxx".

And there is no way anyone is getting it in the form of stock shares to be sold at their discretion, despite this being asked over and over and over. The BOD will choose when and at what price to sell the stock, and the pool of proceeds will be split using the magical secret formula.