Equity Compensation: What to Offer, When, and Why (2026)

Equity is the most misunderstood part of startup compensation. Here's how to structure grants that actually motivate.

Equity Compensation for Startup Hires

Equity math is a shared language between founders and hires. Get it wrong and the same grant that feels generous to you feels stingy to them — usually because they don't have the context to value it, and you didn't provide it.

Rough benchmarks (early-stage)

First engineer: 1-2%. Employee #5-10: 0.25-0.75%. First VP: 0.75-1.5%. All 4-year vest, 1-year cliff. Refresher grants at year 3 to keep runway forward. Numbers shift with stage, market, and role scarcity.

ISO vs. NSO vs. RSU

US private-company grants are almost always ISOs (incentive stock options). Convert to NSO if grants exceed $100K FMV vest per year. RSUs mostly used at late-stage private or public companies. Explain the tax treatment — hires who don't understand exercise costs disengage silently.

Extended exercise windows

Standard is 90 days post-termination. Extended (7-10 years) removes a huge trap for departing employees who can't afford to exercise. More companies offering this in 2026. Trade-off: some tax status changes (ISO → NSO after 90 days).

Communicating equity clearly

Show percentage, share count, FMV, strike price, vest schedule, and a realistic scenario ("if we exit at $500M in year 5, this grant is worth X after taxes"). Don't hide the dilution math. Sophisticated hires will do it themselves — better to be the source of truth.

Frequently asked questions

Should we grant equity to advisors?
Yes, but small (0.1-0.5% for a 2-year commitment, monthly vest). Standard FAST agreement template works.
How much equity for co-founders?
Depends on timing, contribution, risk. Equal split is the default and usually right when co-founders join at zero. Vast unequal splits (90/10) are hard to recover from later.
409A valuation frequency?
Annually at minimum. Also after any priced round or material event. Cheap ($1-3K) via Carta/Pulley/etc. Skipping this creates real IRS exposure.

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