Overview

If you have company equity grants, they often make up a significant part of your future net worth and cashflow planning. The Equity Tracking feature allows members to track detailed equity compensation, such as ISOs, NSOs, RSUs, and RSAs, directly in Monarch.

By adding your grants, you can visualize your vesting schedule, track the value of exercised versus unvested shares, and update company valuations over time.

This feature is designed primarily for tracking private company equity or grants that cannot be synced automatically through a brokerage.

Tip: New to company equity?

• For a quick overview of the basics, check out Carta's Equity 101 course.

• For a deep dive into startup options (ISO vs. NSO), read Compound Planning’s Guide to Startup Stock Options.

Add an equity account

You can add an equity account by uploading your grant documents for automatic analysis, or by entering the details manually.

1. Select +Add account from the Accounts page.
2. Select Company equity.
3. Enter the Company name and select the Company status (Private or Public).
4. Select a Valuation method:
   • 409a (FMV): Best for employees tracking the fair market value of common stock. This is the valuation typically used for tax purposes.
   • Preferred price: Best for investors tracking the value of preferred shares.
   • Custom price: Best for tracking a specific internal valuation or scenario not covered by standard pricing.
5. Click Continue

Enter your grant details

• Import from documents: Upload a PDF, PNG, or JPG of your grant agreement. Monarch will analyze the file and auto-fill the details for you.
• Add manual account: Enter the grant type, quantity, and dates yourself.

1. Review or enter the Vesting schedule terms (e.g., "4 years, quarterly, 1 year cliff"). The system will automatically generate your vesting events based on these terms.
2. Select Save grant.

Note: Once you set a valuation method for a company (e.g., 409a), it stays fixed. However, you can update the specific share price at any time.

Supported grant types

Monarch supports tracking for the following equity types:

• RSU (Restricted Stock Unit): A commitment to give you shares after a vesting period.
• ISO (Incentive Stock Option): A tax-advantaged option to buy shares at a specific strike price.
• NSO (Non-qualified Stock Option): A common type of stock option that does not qualify for special tax treatments.
• RSA (Restricted Stock Award): A grant of stock that you own immediately but is subject to vesting conditions.

Manage and update equity

Once added, your equity account appears in the new Equity section of the Accounts page.

Update share price

As your company raises new funding or updates its valuation, you can update the share price to reflect your current net worth.

1. Select the company equity from the Equity list.
2. Locate the Company card on the right side of the screen.
3. Select Edit.
4. Enter the new Share Price and select Save changes.

Edit grant details

If you need to adjust your vesting schedule or correct a typo in your original entry:

1. Open the equity account page.
2. Click Manage grants in the Grants section.
3. Locate the specific grant in the Grants list.
4. Select the pencil icon next to the grant value.
5. Make your changes and select Update grant.

Frequently Asked Questions

How is the value of my equity calculated? 

The value shown in your net worth is calculated by multiplying your vested shares by the current share price you entered. For options (ISO/NSO), the value is typically calculated as the spread: (Current Price - Strike Price) × Vested Shares.

Where can I see my vesting schedule? 

When you open your equity account, you will see a bar chart visualizing your holdings over time. This chart breaks down your equity into Vested, Exercised, Early Exercised and Unvested categories, allowing you to see when future shares will become available.

Where can I find the information needed to add my grant? 

You can typically find your grant details, strike price, and vesting schedule on the platform your company uses to manage equity. Common platforms include Carta or Shareworks.

We recommend logging into your provider, navigating to your "Holdings" or "Grants" section, and downloading your grant agreements (PDFs). You can then upload these files directly to Monarch using the Import from document feature.

Can I track public company grants? 

Yes. You can use this feature to visualize vesting schedules for public companies. If you select Public as the company status, Monarch can use the public ticker price for valuation.

If you already have the brokerage account (e.g., E*TRADE, Schwab) connected to Monarch, you can associate your equity account with it. This automatically hides the manual equity balance from your net worth calculation to prevent double-counting, while still keeping your vesting visualization active.

What file formats are supported for the "Import from document" feature? 

You can upload PDF files, or images in PNG or JPG format. Ensure the document clearly shows the grant type, quantity, and vesting terms for the best results.

Can I hide my equity from my net worth? 

Yes. This is common if you prefer to track the potential value without it affecting your current financial picture, or if you already have the equity counting in a connected brokerage account.

To hide the account balance:

1. Open the specific equity account page.
2. Select Edit in the top right corner of the screen.
3. Select Edit account from the dropdown menu.
4. Toggle on Exclude account balance.
5. Select Save.