{
  "version": "1.0.0",
  "generatedAt": "2026-05-07T17:05:20.967Z",
  "findingType": "lie",
  "findingId": 3,
  "contentHash": "775f596eb3fda28742a5b4900be1f52c9decb33e5bf1a1b88278550edfadac7a",
  "title": "Altman to Congress: 'I have no equity in OpenAI'",
  "summary": "Sam Altman promised: \"I make no — I have no equity in OpenAI. … I get paid enough for health insurance. I have no equity in OpenAI.\" (Tue May 16 2023 00:00:00 GMT+0000 (Coordinated Universal Time)). 2 documented violation(s). Severity: major.",
  "methodology": "Documented promises are sourced from public statements, filings, and transcripts. Each promise must have a non-empty source URL. Violations are independently sourced with evidence strength tiers. The time delta (days after promise) quantifies the gap between commitment and breach. Materiality assessment includes financial cost, people affected, and environmental impact where applicable.",
  "sources": [
    {
      "url": "https://www.judiciary.senate.gov/imo/media/doc/2023-05-16_pm_-_testimony_-_altman.pdf",
      "label": "US Senate Judiciary Subcommittee testimony, 16 May 2023",
      "type": "primary"
    },
    {
      "url": "https://www.reuters.com/technology/artificial-intelligence/openai-remove-non-profit-control-give-sam-altman-equity-sources-say-2024-09-25/",
      "label": "Reuters, 25 September 2024",
      "type": "primary"
    },
    {
      "url": "https://www.bloomberg.com/news/articles/2024-10-04/openai-board-considers-giving-sam-altman-equity-stake-in-startup",
      "label": "Bloomberg, 4 October 2024",
      "type": "primary"
    }
  ],
  "queries": [
    {
      "description": "Promise record with entity",
      "table": "documented_promises",
      "parameters": {
        "id": 3
      }
    },
    {
      "description": "Promise violations",
      "table": "promise_violations",
      "parameters": {
        "promiseId": 3
      }
    }
  ],
  "dataSnapshot": {
    "promiseId": "3",
    "slug": "altman-no-equity-openai-2023",
    "entityId": "700",
    "entityName": "Sam Altman",
    "headline": "Altman to Congress: 'I have no equity in OpenAI'",
    "promiseText": "I make no — I have no equity in OpenAI. … I get paid enough for health insurance. I have no equity in OpenAI.",
    "promiseDate": "2023-05-16T00:00:00.000Z",
    "promiseSourceUrl": "https://www.judiciary.senate.gov/imo/media/doc/2023-05-16_pm_-_testimony_-_altman.pdf",
    "audience": "congress",
    "domain": "governance",
    "severity": "major",
    "status": "disputed",
    "narrative": "Under oath before the Senate Judiciary Subcommittee, Altman stated he held no equity in OpenAI. The company has since publicly discussed restructuring proposals that would grant Altman a substantial equity stake worth billions of dollars, contradicting the testimony's framing of a disinterested CEO.",
    "financialCostUsd": null,
    "peopleAffectedEstimate": null,
    "violations": [
      {
        "id": "6",
        "violationText": "Reuters reports OpenAI is restructuring to a for-profit and that Altman would receive equity for the first time, potentially worth 7% of the company.",
        "violationDate": "2024-09-25T00:00:00.000Z",
        "violationSourceUrl": "https://www.reuters.com/technology/artificial-intelligence/openai-remove-non-profit-control-give-sam-altman-equity-sources-say-2024-09-25/",
        "evidenceStrength": "primary",
        "daysAfterPromise": "498"
      },
      {
        "id": "7",
        "violationText": "OpenAI confirms board is considering granting Altman equity in the restructured company.",
        "violationDate": "2024-10-04T00:00:00.000Z",
        "violationSourceUrl": "https://www.bloomberg.com/news/articles/2024-10-04/openai-board-considers-giving-sam-altman-equity-stake-in-startup",
        "evidenceStrength": "secondary",
        "daysAfterPromise": "507"
      }
    ],
    "createdAt": "2026-05-03T09:27:08.975Z"
  },
  "entities": [
    {
      "id": "700",
      "name": "Sam Altman",
      "slug": "sam-altman",
      "type": "person"
    }
  ],
  "verificationSteps": [
    "Retrieve documented promise #3 from documented_promises.",
    "Visit promise source: https://www.judiciary.senate.gov/imo/media/doc/2023-05-16_pm_-_testimony_-_altman.pdf — confirm the original commitment was made.",
    "Violation #1 (Wed Sep 25 2024 00:00:00 GMT+0000 (Coordinated Universal Time)): visit https://www.reuters.com/technology/artificial-intelligence/openai-remove-non-profit-control-give-sam-altman-equity-sources-say-2024-09-25/ — confirm \"Reuters reports OpenAI is restructuring to a for-profit and that Altman would receive equity for the first time, potentially worth 7% of the company.\"",
    "Violation #2 (Fri Oct 04 2024 00:00:00 GMT+0000 (Coordinated Universal Time)): visit https://www.bloomberg.com/news/articles/2024-10-04/openai-board-considers-giving-sam-altman-equity-stake-in-startup — confirm \"OpenAI confirms board is considering granting Altman equity in the restructured company.\"",
    "Verify the SHA-256 content hash by re-generating the JSON bundle."
  ]
}