Executives at the San Francisco-based firm told potential investors it does not intend to issue a large volume of new stock, but will instead allow staff to offer some of their equity at a set price ahead of the listing, sources told The Wall Street Journal. Instacart declined to comment to The Logic. (The Wall Street Journal, The Logic)

Talking point: In May, Instacart announced it had confidentially filed with the U.S. Securities and Exchange Commission to go public. It’ll be the rare elder-unicorn to IPO this year if it proceeds with the planned listing; new issues—in the tech sector and across the board—have slowed amid public-market volatility and economic uncertainty. Instacart reportedly turned a profit in the second quarter, so it may not need to sell new stock to fund itself and can instead engender some goodwill among staff by letting them sell their shares. In July, the firm’s Canadian founder Apoorva Mehta stepped down as chair of the board, and announced he will give up his director role once Instacart lists.