A new chapter for CodeWeavers and myself – trust me

I might be wrong but it sounds similar to what Patagonia did[0]. I believe the point is to (attempt to) guarantee that the long-term priorities of the company are not taken over by sort-term profit chasing.

[0] https://www.cnn.com/2022/09/14/business/patagonia-ownership/...

I guess the advantage of passing ownership to the trust is that you're not involved anymore. If you keep shares you know that at some point in your life (or at the end of your life) you'll have to pass those to somebody else or setup a trust. Finding somebody else is hard, because it must be somebody that simultanously you trust deeply and who is willing to take on the responsibility to keep aligned with whatever way you want to company to be managed. So you setup a trust instead. Well, if you setup a trust immediately you don't have to think about that any more!

I think these often have rules about a certain portion of profits being allocated to employees, which is nice

He's the majority shareholder, so if he sells his shares or dies, the new owner of his shares could theoretically sell off the company, fire all of its employees, etc., without employee involvement.

The new majority shareholder is an employee-owned trust, so the employees have direct control of the company, within the limits of the trust's charter.