A restricted stock unit (RSU) is an award of stock shares, typically provided as a form of employee compensation. Many tech companies in Israel utilize RSUs to enhance the total compensation of their employees.
The purpose of this website is to assist you in calculating the net gain you can achieve from your available RSUs, or a portion thereof. This net gain is applicable in Israel and is determined according to section 102 of the income tax ordinance in Israel.
We strive to gather minimal details from you (only 4 fields) while still providing a very accurate calculation of your net gain. None of this information is saved anywhere beyond the calculation of your net gain.
Required fields
- Stock Symbol— You can find your stock symbol by searching for your company's stock on Google (e.g., "NVIDIA stock" will show NVDA). For stocks traded on the Tel Aviv Stock Exchange (TASE), add ".TA" to the end of the symbol (e.g., "Partner stock" → PTNR.TA).
- Number of shares — The number of shares you intend to sell.
- Grant date— The grant date for each RSU plan can be found on your trustee's website.
- Average monthly salary — Your gross monthly salary. If your salary changed this year, divide the income by the elapsed months.
Optional fields (once checked)
- Set stock price — Enter your preferred stock price, or the live value will be used.
- Previous workplace — Check if you no longer work there. This salary determines the Bituah Leumi tax rate.
- Set dollar value — Specify the USD-ILS conversion rate. If not specified, the live rate is used.
- Extra Capital Gain — Capital gain or loss from other investment sales during this year (e.g., 100,000 or –75,000).
Multiple plans
If you have multiple RSU plans, you can include up to three (or four on Pro Plus) to calculate the combined net gain. Note that the calculation assumes all plans are sold together.
Results explained
- 1$ — Dollar-to-Shekel rate (live, or your own).
- Stock price — The current live stock price (or your own).
- Grant price (Pro+) — The average stock price over the 30 working days prior to the grant date.
- Gross — The RSU sell volume, before tax deductions.
- Average tax deduction — Average tax deduction for this RSU sell (gross–net/gross).
- Marginal Tax (Pro+) — Your highest marginal tax rate after selling.
- Bituah Leumi (Pro+) — Your highest Bituah Leumi (and health) rate.
- Capital Tax (Pro+) — Your highest capital tax rate.
- Total net — Net to bank + Net to salary.
- Net to bank — Wired to your account when you sell today.
- Net to salary / Net tax refund— Additional amount in ILS added to next month's salary if the RSU employer is current; otherwise refunded after year-end via Form 106.
Selling tips (Pro Plus)
- Two-year break-even price— The future stock price where your net gain (after tax and fees) equals selling now, even though two years haven't passed since the grant date.
- Reserve monthly salary— The gross monthly salary you'll receive from Bituah Leumi for each full month of reserve duty, if you sell within 3 months before service begins.
- Maternity monthly salary — Gross monthly salary from Bituah Leumi if you sell between 6 months before birth and 10 months after.
* The fluctuating exchange rate between the US dollar and Israeli shekel is dictated by the real-time rate. After selling, your trustee will establish a slightly different rate, which will alter your Total Net by a small margin.