Plan your Anduril Industries NSO exercise
Calculator · free · no signup · pre-IPOAnduril Industries is pre-IPO. Plan your NSO exercise tax (federal, state, FICA) at any expected valuation.
Beta · invite-only · AlphaLatitude Inc. · Free Tools
Your grant
Seeded from secondary-market data, as of Jun 16, 2026
Tax inputs
Hold strategy
Best after-tax payout — at year 1
$311,848
Sell + invest wins by $128,660 over Hold 1 yr.
Estimates only. Not financial advice.
Sell + invest
Best payout| Bargain element (sale − strike) | $559,850 |
| Federal | |
| State | |
| Medicare | −$8,118 |
| Additional Medicare | −$5,039 |
| Market gain over 1 yr at 10.0% | $29,093 |
| LTCG on diversified gain (fed + state + NIIT) | −$8,175 |
| Net at year 1 | $311,848 |
Sell every share immediately; invest the after-tax cash at the market return for 1 yr, then liquidate. Diversified — no single-stock concentration risk.
Exercise + hold 1 yr
| Sale proceeds (year 1) | |
| LTCG tax (federal + state + NIIT) | $0 |
| Net at year 1 | $183,188 |
Sold 2,615 shares at exercise to cover strike + tax; 2,385 shares held 1 yr for LTCG.
Social Security + Medicare are payroll taxes (collectively called FICA) — they apply because you're exercising as a current employee.
Both columns are stated in year-1 dollars: sell-now proceeds compound at the market return and pay LTCG on the gain at year 1; any cash paid out of pocket on the hold side carries the same opportunity cost.
Net at year N — by hold period
Estimates only. Excludes AMT (NSOs do not trigger AMT), state-AMT, multi-state moves, and disqualifying-disposition edge cases. Not financial advice.
You calculated one NSO decision. The beta plans NSOs alongside RSUs and ISOs in a single multi-year tax plan.
Request beta access →About Anduril Industries
Anduril Industries is a privately held Aerospace/Defense company, incorporated in Delaware and headquartered in Costa Mesa, CA.
Last reported secondary-market price: $121.97 per share (as of 2026-06-16). Your own 409A may differ.
$30.5B; defense tech.
Equity grants at Anduril Industries typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).
Anduril Industries, Inc. is an American military technology company specializing in the development of advanced autonomous systems. The company was founded in 2017 by Palmer Luckey, Trae Stephens, Matt Grim, Joe Chen, and Brian Schimpf. Anduril sells systems to the U.S. Department of Defense that incorporates artificial intelligence and robotics. Anduril's major products include unmanned aerial systems (UAS) and counter-UAS (CUAS), semi-portable autonomous surveillance systems, and networked command and control software. It is privately owned, and as of May 2026, the company has a valuation of $61 billion.
Source: Wikipedia (CC BY-SA 4.0)
Founded in 2017 by Palmer Luckey (Oculus founder) alongside Trae Stephens, Matt Grimm, Brian Schimpf, and Joe Chen, Anduril Industries builds autonomous defense systems anchored by its Lattice AI command platform. The Costa Mesa company ships Ghost surveillance drones, Anvil and Roadrunner counter-UAS interceptors, Bolt loitering munitions, Dive-LD underwater vehicles, Fury autonomous fighters, Barracuda cruise missiles, and Pulsar electronic warfare pods. A $14B Series G in March 2025 pushed valuation past $30.5B, and Anduril took over Microsoft's IVAS soldier headset program that year while pursuing major DoD contracts and a probable IPO.
Sources: en.wikipedia.org · anduril.com
Equity comp at Anduril Industries
- Defense contractor: most roles require US citizenship and security clearance, which gates equity grant eligibility for foreign nationals due to ITAR restrictions on USML technical-data access. Standard 4-year vest; 22% supplemental withholding can create a large April tax bill versus the ~48-52% California marginal rate when a liquidity trigger fires.
- Recent share-sale events (industry term: tender offers):
- Jan 2025: $14B implied valuation, led by Anduril (company-sponsored employee tender) · theinformation.com
- Jun 2025: $30.5B implied valuation, led by Thrive Capital (Series G secondary) · techcrunch.com
Sources: augustuswealth.com · joinprospect.com
Researched 2026-05-11.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Anduril Industries.
Anduril Industries NSO exercise creates ordinary income on the bargain element (federal, state, and FICA) at the price on the day you exercise. The calculator works at any valuation, so you can model your exercise cost at the current 409A FMV, an expected IPO price, or post-IPO scenarios.
Example: at Anduril Industries's last reported price of $121.97, exercising 5,000 NSOs with a $36.59 strike creates a $426,900 bargain element, taxed as ordinary income on the day you exercise. Combined federal + state + FICA on that bargain typically lands between $115,263 and $192,105 depending on your bracket and state. The calculator above computes the exact figure for your situation and compares selling now vs. holding through the long-term capital-gains threshold.
All Anduril Industries tools → · Use the generic NSO Exercise Calculator for any company.
Anduril Industries equity questions
- How is a Anduril Industries NSO exercise taxed?
- Exercising a non-qualified stock option (NSO) creates ordinary income on the bargain element (the price on the day you exercise minus your strike), subject to federal income tax, state income tax, and FICA. The calculator above computes that tax for your Anduril Industries grant and compares selling the shares now against holding past the one-year mark for long-term capital-gains treatment.
- Does Anduril Industries grant ISOs, NSOs, or RSUs?
- Equity compensation at Anduril Industries typically takes the form of incentive stock options (ISOs) and non-qualified stock options (NSOs). Incentive stock options can trigger the alternative minimum tax (AMT) when you exercise.
- Are Anduril Industries shares eligible for QSBS?
- They might be. Qualified small business stock (QSBS) under Internal Revenue Code Section 1202 can exclude federal tax on much of the gain when shares were acquired at original issuance from a C-corporation while its gross assets were under $50 million, and held at least five years. Whether your Anduril Industries shares qualify turns on when you acquired them and the company's asset size at that time.
One piece of the puzzle.
OptionsAhoy plans your Anduril Industries equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.