I am talking about software developers, not sales.

I never seen this on my 30+ years on the job, other than being an early joiner to startups, equity isn't a thing.

> Engineers who find it distasteful should be happy to know engineers typically get way more equity than sales reps.

At very best, some companies might offer some kind of fixed bonus, if you over delivered as part of the KPI/OKR/whatever goals for the year, or the profits were nice enough that everyone gets a cut.