Ledgy

Last week we launched our 2026 State of Share Plans report 🎉 Based on responses from 250 senior professionals at listed companies across the UK 🇬🇧 , US 🇺🇸 , Germany 🇩🇪 , Sweden 🇸🇪 , Spain 🇪🇸 , and Switzerland 🇨🇭, the report explores how share plan management is changing as companies grow. A few findings that stood out to us at Ledgy: - Transaction processing is the biggest administrative challenge facing share plan teams 📊: 42% of respondents named it as their biggest challenge, compared with 22% for participant queries. In 2024, participant queries were the clear frontrunner at 51%. - Company size makes a big difference 🏢: transaction processing is cited as the main challenge by 62% of large-cap companies, compared with 29% of small-cap companies. - Finance and People have very different views on employee understanding 👥 : 62% of CFOs say employees understand their share plans very well, compared with just 20% of Heads of People. How does this compare with what you’re seeing? Are transaction volumes and complexity becoming a bigger challenge for your team? The full report goes deeper into these findings, looking at how share plan management varies across markets, company sizes, and teams. Download State of Share Plans 2026 to explore the findings in full: https://lnkd.in/dXRRtjuX Big shoutout to our infamous marketing team, Juliet, Meg, Harry, Valma and Gabbi! 🤩

It’s been a week since we published our 2026 State of Share Plans report 🎉 Based on responses from 250 senior professionals at public companies across the UK, US, Germany, Sweden, Spain, and Switzerland, the report explores how share plan management is changing as programmes grow. Here’s a look at some of the headline findings: 📊 Transaction processing is the biggest administrative challenge: 42% of companies cite it as their biggest challenge, compared with 22% for participant queries 🏢 Company size makes a big difference: transaction processing is cited by 29% of small-cap companies, rising to 62% among large-cap companies 👥 Finance and People see employee understanding very differently: 62% of CFOs say employees understand their share plans very well, compared with just 20% of Heads of People 🇺🇸 US companies report more mature share plan management: than the global average. 63% describe their processes as very efficient, compared with 46% globally. Yet 44% still say transaction processing takes too much time These are just some of the findings from State of Share Plans 2026. As share plans grow more complex, how does this compare with what you’re seeing? Are transaction volumes and complexity becoming a bigger challenge for your team? The full report explores what’s behind the numbers and where companies are facing the biggest challenges. Read the full State of Share Plans 2026 report → https://lnkd.in/e9UQ2P5c

The news about Pulley being sunset by year-end broke yesterday, and it's been the topic of every conversation I've had since (and certainly dozens of companies reaching out to us). Consolidation like this seems to be the pattern lately, and I feel for the Pulley team, especially anyone whose job is caught up in it. 🤲 If your equity or cap table's on Pulley, you're now waiting on someone else's timeline for a migration you didn't choose and the default path to the US incumbent might not be your ideal outcome. We've run dozens of these migrations already this year, mostly off Carta and Shareworks as both pulled back from Europe. The migration's free and it's completed within days, including a comprehensive data audit to make sure we're migrating an audited transaction log and history. 🤝 What you’ll have access to: - Bulk editing, workflow automation, and integrations with the tools you already use - 409A, PCOAB, LLC and FMV valuations, all completed within a days - IFRS 2 and ASC 718 reporting, plus EMI, CSOP, SAYE and SIP support - Custom roles and granular permissions, scoped down to individual modules - MCP, in-app Ledgy agent and a platform that scales with your growth - A self-service dashboard employees actually use - Ledgy is backed by the best, incuding Sequoia Capital and New Enterprise Associates (NEA) , and we're growing fast and are cash-flow positive. Business continuity is assured. Ledgy supports companies from incorporation to IPO and beyond, built for the long haul, not just this move. Feel free to message me directly, or find the details here: https://lnkd.in/e7b-uXsD 💜

Switching cap table platforms is usually the reason companies put it off. We handle the migration for you, at no cost, so your team can move to Ledgy without losing time or accuracy.

If you're on Pulley and growing beyond the US, Ledgy gives your team one platform for cap table, share plan administration, compliance and reporting, wherever your stakeholders are. Free migration, and our experts with you every step of the way.

Pulley's acquisition by Carta means fewer people, an uncertain roadmap, and a migration on someone else's timeline. Will they move customers across to Carta? The uncertainty is not what's best for you. You don't have to wait for your contract renewal to decide. Move to Ledgy now, free of charge, on your own timeline.