Augustus Wealth

Anduril's $94.80 tender offer closes November 9. Bullish on Anduril? Can you afford to hold? Is your 2026 tax bill covered? 22% or 37% withholding? Cash or shares for taxes? How much will your stock options cost to exercise? Explore our Anduril pre-IPO playbook for RSUs, taxes, and liquidity, with free tools to help you run the numbers.

Anduril RSUs settled at $61.55 in August. The tender is at $94.80. If you net settled at the default, roughly a third of your shares went to taxes at the lower price. Now the tender is asking how many more you want to sell. Before you sell a single share, answer one question. What's your number? Most Anduril shareholders I talk to are bullish. If you're bullish, the game is simple. Hold as many shares as possible. But a concentrated position has to be survivable. And survivability depends on liquidity. That's what a tender really gives you. The question is how much of it you need. Here are the five decisions that decide how many shares you keep: 1. The tax bill. The 22% default didn't make the tax disappear. It moved to April. 2. Dollars or shares. Net settling feels painless. But if you're bullish, those withheld shares are the payment. 3. The tender. Sell to your secure number, not a feeling. For a lot of shareholders right now, that's the under-withheld tax. The house down payment can wait. 4. The exercise window. When the stock goes up, so does the cost to exercise. "Later" is the most expensive word in your equity plan. 5. Leaving. You may have as little as 60 days to exercise. Fund it before you give notice. Not after. Concentration isn't the mistake. Concentration you can't survive is. I broke down all five in a new article.

$105. $225. That's how far SpaceX stock has moved since June. On 20,000 shares, $2.4 million of swing. I sit across from SpaceX shareholders almost every week. Most know exactly what their shares are worth. Very few know what makes them sell. So I wrote down the selling system I'd use if I held your shares. → The Secure Number: what I'd need outside SpaceX, after tax → The Ride Band: what I'd keep because I believe in the company → Two engines that sell faster when the stock rises and slower when it falls → What I'd decide now, before the next sell-off 2-minute video inside, plus the three questions every SpaceX shareholder should answer this week. #SpaceX #EquityCompensation #IPO #FinancialPlanning #WorkerToInvestor

Anduril’s October tender offer is here, priced at $94.80 per share. But what does that mean for your RSUs, stock options, and taxes? In this week’s Augustus Report, we break down the tender offer, the potential tax shortfall from 22% RSU withholding, and whether exercising additional ISOs before year-end makes sense. Because maximizing your share count isn’t just about what you sell. It’s about having the liquidity to keep what you own.

Anduril's tender offer is priced at $94.80 per share and closes November 9. How much should you sell? How much should you keep? And what about your 2026 RSU tax bill? Explore our Anduril Worker to Investor Framework, with tools and resources to help you make these decisions.

SpaceX shares are up since the first lockup release in August, with more than half of the eligible shares still to come. This week, we’re looking at two things: Where the lockup stands heading into the next major release. And a question coming up more often in our meetings: If you have highly appreciated SpaceX shares and want to give to charity, should you give the shares or sell them first? We break down four things to know before giving appreciated SpaceX shares to charity, including AGI limits, donor-advised funds, holding periods, and why the shares you choose to give matter. Tell your network