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What are typical equity refresh grants?

Benefits & Compensationadvanced3 answers · 6 min readUpdated February 28, 2026

Quick Answer

Equity refresh grants are annual stock awards that typically range from 10-40% of your base salary, with senior employees often receiving 20-50% of their total compensation in equity. For example, a $150,000 salary might come with $30,000-$60,000 in annual stock grants.

Best Answer

MR

Marcus Rivera, Compensation & Benefits Analyst

Best for senior professionals managing significant equity compensation as part of their total package

Top Answer

What are equity refresh grants?


Equity refresh grants are ongoing stock awards that companies give to retain talent after your initial hiring grant. Unlike your initial grant (which might vest over 4 years), refresh grants typically happen annually and vest over 3-4 years, creating "golden handcuffs" that encourage you to stay.


Typical refresh grant amounts by level


Refresh grants usually scale with your role and performance:



How refresh grants work in practice


Example: Senior Software Engineer at a public tech company

  • Base salary: $180,000
  • Initial grant (Year 1): $200,000 vesting over 4 years
  • Annual refresh grants: $50,000 each year, vesting over 4 years

  • Year 3 equity income:

  • Initial grant vesting: $50,000 (25% of original $200K)
  • Year 2 refresh vesting: $12,500 (25% of $50K)
  • Year 3 refresh vesting: $12,500 (25% of $50K)
  • Total equity income: $75,000

  • Types of equity refresh grants


    Restricted Stock Units (RSUs) - Most common at public companies

  • Vest based on time (typically 25% per year)
  • Taxed as ordinary income when they vest
  • No purchase price required

  • Stock Options - Common at startups and some established companies

  • Right to buy shares at fixed "strike price"
  • Only valuable if stock price exceeds strike price
  • More tax-advantaged if structured properly

  • Performance Stock Units (PSUs) - Used for senior roles

  • Vesting depends on company performance metrics
  • Can range from 0-200% of target grant
  • Higher risk but potentially higher reward

  • How companies determine refresh amounts


  • Performance rating: Top performers get 150-200% of target refresh
  • Retention risk: High-demand skills get larger grants
  • Market conditions: Bull markets = higher grants, bear markets = lower
  • Company performance: Revenue growth affects grant budgets
  • Geographic location: Silicon Valley grants typically 20-40% higher

  • Key factors affecting your refresh grants


  • Promotion cycles: Promotions often come with 50-100% larger refresh grants
  • Retention negotiations: Competing offers can trigger special retention grants
  • Company stage: Pre-IPO companies may give larger grants with higher risk
  • Industry norms: Tech companies typically give more equity than traditional industries

  • Tax implications of equity compensation


    For RSUs (most common type):

  • Vesting = taxable income at fair market value
  • Federal taxes: Taxed as ordinary income (up to 37% for high earners)
  • FICA taxes: Subject to Social Security and Medicare taxes
  • State taxes: Varies by state (0% in Texas/Florida, up to 13.3% in California)
  • Withholding: Companies typically withhold 22-37% for taxes

  • What you should do


    1. Understand your grant schedule - Track when each grant vests to plan tax implications

    2. Model different scenarios - Use our tools to calculate take-home value at different stock prices

    3. Plan for tax events - Large vesting events can push you into higher tax brackets

    4. Diversify gradually - Don't hold too much company stock relative to your total portfolio

    5. Negotiate strategically - Understand market rates for your level and performance


    Use our [job offer comparison tool](job-offer-compare) to model the total value of different equity packages over time.


    Key takeaway: Typical equity refresh grants range from 15-60% of base salary depending on your level, with senior roles often receiving more total compensation from equity than salary.

    *Sources: [IRS Publication 525](https://www.irs.gov/pub/irs-pdf/p525.pdf), [IRC Section 83](https://www.law.cornell.edu/uscode/text/26/83)*

    Key Takeaway: Equity refresh grants typically range from 15-60% of base salary and vest over 3-4 years, creating ongoing retention incentives with significant tax implications upon vesting.

    Typical equity refresh grant amounts by company type and job level

    Company TypeMid-Level EmployeeSenior EmployeeDirector Level
    FAANG/Big Tech$30K-$50K$60K-$120K$150K-$400K
    Public Tech (Non-FAANG)$15K-$30K$35K-$75K$75K-$200K
    High-Growth Startup$20K-$60K$50K-$150K$100K-$500K
    Traditional Fortune 500$5K-$15K$15K-$40K$40K-$100K

    More Perspectives

    SC

    Sarah Chen, Payroll Tax Analyst

    Best for employees receiving their first equity grants or trying to understand how stock compensation works

    Equity refresh grants for typical employees


    If you're new to equity compensation, refresh grants might seem complicated, but they're essentially annual bonuses paid in company stock instead of cash. The key is understanding that these grants vest (become yours) over time, typically 25% per year over 4 years.


    Simple example: Mid-level employee


    Your situation: $100,000 base salary, receive $20,000 refresh grant annually


    Year 1: Receive $20,000 grant (vests 25% per year)

    Year 2: Receive another $20,000 grant + $5,000 vests from Year 1 grant

    Year 3: Receive another $20,000 grant + $5,000 vests from each of Years 1-2

    Year 4: Steady state = $20,000 vesting annually from overlapping grants


    What this means for your taxes


    When stock vests, it's treated like receiving a cash bonus:

  • Added to your W-2 as ordinary income
  • Subject to federal, state, and FICA taxes
  • Company typically sells some shares automatically to cover taxes

  • Should you sell or hold vested shares?


    Most financial advisors recommend selling at least some shares immediately because:

  • You already have job risk concentrated in this company
  • Holding too much company stock increases overall portfolio risk
  • You can reinvest in diversified index funds

  • Key takeaway: Equity refresh grants are annual stock bonuses that vest over time — treat them like cash income for tax planning and consider diversifying by selling some shares when they vest.

    Key Takeaway: Equity refresh grants are annual stock bonuses that vest over time and should be treated like cash income for tax planning purposes.

    MR

    Marcus Rivera, Compensation & Benefits Analyst

    Best for late-career employees managing equity compensation in their pre-retirement planning

    Managing equity grants near retirement


    If you're within 5-10 years of retirement, equity compensation requires special consideration because you may not be around for full vesting periods, and large equity income can affect your tax planning and Medicare premiums.


    Key considerations for pre-retirees


    Unvested grants at retirement:

  • Most companies have "good leaver" policies that accelerate some vesting
  • Voluntary retirement may forfeit unvested grants
  • Some companies offer extended vesting for long-term employees

  • Tax planning with large equity income:

  • Vesting events can push you into higher tax brackets
  • May trigger additional Medicare taxes (0.9% on income over $200K single/$250K married)
  • Consider timing retirement to avoid large tax events

  • Medicare implications:

  • High income years affect Medicare Part B premiums 2 years later
  • Income over $103,000 (single) triggers higher premiums
  • Large equity vesting can significantly increase future Medicare costs

  • Strategic timing for late-career equity


    1. Review your grant schedule - Understand what you'd forfeit by retiring early

    2. Consider phased retirement - Some companies allow part-time work to continue vesting

    3. Plan around tax years - Time retirement to minimize high-income years

    4. Evaluate retention offers - Companies may accelerate vesting to retain experienced employees


    Key takeaway: Pre-retirees should carefully time retirement around equity vesting schedules and consider the long-term tax and Medicare premium implications of large equity income.

    Key Takeaway: Pre-retirees should time retirement carefully around equity vesting schedules and consider how large equity income affects taxes and future Medicare premiums.

    Sources

    equity compensationstock grantsrefresh grantsRSUstock options

    Reviewed by Marcus Rivera, Compensation & Benefits Analyst on February 28, 2026

    This content is for educational purposes only and is not a substitute for professional tax advice. Consult a qualified tax professional for advice specific to your situation.