Plan your Ramp NSO exercise

Calculator · free · no signup · pre-IPO

Ramp 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

1 yr
20%
20%
10.0%
Pre-IPO assumption: Expected sale price assumes a liquid market at year N. In reality, pre-IPO shares clear via tender offers (priced at a discount to the 409A or last preferred round, on the company's calendar) or at IPO (subject to lockups). Use the haircut to reflect that uncertainty.

Best after-tax payout — at year 1

$306,743

Sell + invest wins by $123,596 over Hold 1 yr.

Estimates only. Not financial advice.

Your NSO exercise pushes your top federal rate from 24% to 37%. Hover the Federal value below for the bracket-by-bracket slicing.

Sell + invest

Best payout
Bargain element (sale − strike)$550,000
Federal
State
Medicare$7,975
Additional Medicare$4,950
Market gain over 1 yr at 10.0%$28,617
LTCG on diversified gain (fed + state + NIIT)$8,041
Net at year 1$306,743

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$183,147

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

Sell + investExercise + hold
$0$83K$166K$249K$332KYr 1Yr 2

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.

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About Ramp

Ramp is a privately held Fintech company, incorporated in Delaware and headquartered in New York, NY.

Last reported secondary-market price: $120 per share (as of 2026-06-16). Your own 409A may differ.

$32B; corporate cards.

Equity grants at Ramp typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).

Ramp Business Corporation is an American multinational financial technology company that offers corporate charge cards, expense management, and bill-payment software. The company is headquartered in New York City with additional offices in Miami and San Francisco.

Source: Wikipedia (CC BY-SA 4.0)

Founded in 2019 by Eric Glyman, Karim Atiyeh, and Gene Lee (the trio behind Paribus, sold to Capital One in 2016), Ramp now anchors the corporate-card and spend-management category from its NYC headquarters. The platform bundles corporate cards, expense management, bill pay, treasury, and the Ramp Intelligence AI layer that automates approvals, vendor research, and procurement. A $300M Series F led by Founders Fund in October 2025 pushed the valuation to $32B, overtaking Brex in market share and crowning Ramp the highest-valued private fintech in the segment.

Sources: en.wikipedia.org · techcrunch.com

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Ramp.

Ramp 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 Ramp's last reported price of $120, exercising 5,000 NSOs with a $36 strike creates a $420,000 bargain element, taxed as ordinary income on the day you exercise. Combined federal + state + FICA on that bargain typically lands between $113,400 and $189,000 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 Ramp tools → · Use the generic NSO Exercise Calculator for any company.

Ramp equity questions

How is a Ramp 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 Ramp grant and compares selling the shares now against holding past the one-year mark for long-term capital-gains treatment.
Does Ramp grant ISOs, NSOs, or RSUs?
Equity compensation at Ramp 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 Ramp 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 Ramp shares qualify turns on when you acquired them and the company's asset size at that time.
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