There is no Rule 10b5-1 analogue for a private Canadian company — there is no public market to pre-commit into. But the useful half of what Dageville is doing is not the rule, it is that the decision was made in April and executed in November by a document rather than by a person.

The version that scales down: if a liquidity event ever puts you in a concentrated listed position — acquirer stock, an earn-out paid in shares — write the diversification rule before the shares land, in share counts rather than dollar amounts, and note today’s companion observation that a fixed-share schedule makes your headline proceeds a function of price rather than judgement. Whether you want that is a real choice, and it is easier to make it in advance.