Section 102 trustee services, run right from first grant to exit.
Full Section 102 trustee under ITA permit, run by a team with decades of cumulative experience. Grants, vesting, withholding and reporting, end to end, with ongoing controls that keep your plan accurate from the first grant through every significant event in the company’s life.
Decades of cumulative experience, from first grant to exit.
Your plan is run by a team with decades of cumulative experience in Israeli equity plans, working with the ITA every day. The job is simple to state and hard to do: make sure the plan runs smoothly from the first grant through every significant event in the company’s life: financings, secondaries, relocations, and the exit itself. Between events, ongoing controls keep the data right, so errors are caught while they are cheap to fix.
Decades of cumulative experience in 102 plans
Hands-on through financings, secondaries, relocations and exits
Ongoing data controls between events, so nothing waits for the closing table
A core system built by a trustee
iOZ: embedded controls alongside professional oversight.
Our core system was built by a trustee for its clients. Embedded controls support administration of the plan under applicable requirements, alongside professional oversight. At key events the system identifies relevant provisions and required actions.
Built by a trustee for its clients, not adapted from generic software
System controls support applicable requirements alongside professional oversight
Relevant provisions surfaced automatically at key events
We complement your stack
We are not your cap-table software. We are your trustee.
We provide equity-management software, but we do not compete with the software providers. Keep whatever platform you love; our role is the dedicated local layer: the trustee audit and reporting, the withholding, the ITA reporting, and the Israeli expertise behind them. Our team supports your lawyers and accountants on whatever arises.
Works alongside your equity-management software
Dedicated, specific Israeli expertise: permit, withholding, reporting
Support for your advisors on rulings and special cases
Less administration. More time to run your company.
Built for founders who have a company to run.
We understand that founders have a business to run. Our processes are built around that: the fastest onboarding in the market, with a coordinated setup process while you stay focused on the business.
Onboarding built for speed, the fastest in the market
Minimal founder time: we drive the process end to end
Employee workflows agreed during plan setup
Switching trustees, managed
Unhappy with your current trustee? Moving is easier than you think.
Transferring a 102 plan to a new trustee is a defined process, and we run it for you: ITA coordination, trust transfer, employee communication, and always a full transition built on the data itself. In those transitions we regularly find errors in the existing records, and fixing them early is worth a lot for the company’s journey ahead.
ITA coordination and approval handled by us
Full data-based transition, validated grant by grant
Errors in existing records found and fixed before they cost money
Day to day, handled
The routine work, done without you noticing.
The unglamorous part of a 102 plan is relentless: filings, allocations, reports, signatures. With us it runs in the background, automatically where possible, and by our team where judgment is needed.
Form 146, the ITA report of new grants, filed automatically from the system
Form 156, the trustee’s annual report on the plan, filed automatically as well
Electronic allocations supported end to end
Creative solutions with the ITA for existing plans that need fixing
Management reports and grant documents, produced and signed digitally
Equity management add-ons
More, when you want it from us.
For companies that want more than the trustee layer, we offer the full administration suite, while staying compatible with whatever software you already use.
Dynamic cap table with scenario modeling for funding rounds
ASC 718 / IFRS 2 expense reports, audit-ready
409A valuations: a draft within 14 business days, flat transparent pricing
Stakeholder portal for investors, employees and advisors
IPO and exit readiness, for TASE or an international listing
How it works
From one onboarding form to a fully set-up plan on iOZ.
01
One data form.
You complete a single data form, once. The data auto-fills every other document in the process, so nothing is typed twice and nothing drifts out of sync.
02
Two signatures.
The company signs a power of attorney limited strictly to Section 102 matters, and a trust deed that is pre-approved by the ITA, so only your signature is required on it.
03
We file.
Trustee approval, plan approval and the ITA questionnaire, prepared by us and built around the ITA’s own checks, to pass the first time.
04
Live on iOZ.
Company and employees onboarded, with the plan’s workflows agreed at setup. Ongoing administration with continuous data controls through to exit.
Under Section 102 of the Israeli Income Tax Ordinance, employee equity awards in the trustee capital-gains track must be deposited with an ITA-approved trustee for a minimum holding period. The trustee holds the awards, calculates and withholds tax at the relevant time under applicable law and the award terms, and files the plan’s reports with the ITA. Done right, employees pay capital-gains rates instead of marginal income tax.
How long does it take to set up a Section 102 plan?
With board-approved plan documents in hand, trustee setup and onboarding are the fastest in the market. We confirm the onboarding steps and tools available for your plan during setup.
What changed in 102 reporting in 2025?
As of January 2025 the ITA introduced new questionnaire requirements and enhanced reporting obligations for trustee plans. Our filings are already built around the new questionnaire and its logic, so plans we file are structured to pass the updated checks the first time, and existing plans are reviewed against the new requirements as part of our ongoing controls.
What happens to a 102 plan when the company is acquired?
Employee rights are handled under the acquisition agreement and award terms, including distributions where provided for. When Psagot Equity is both the 102 trustee and the deal’s paying agent, the cap-table data flows straight into the waterfall and employees are paid as sellers without re-onboarding.
Can a company change its 102 trustee?
Yes. Transferring the plan to a new trustee is a defined process involving ITA coordination and a transfer of the trust. We manage it end to end, always as a full transition built on the data itself, and the plan’s tax status is preserved throughout. In these transitions we regularly surface errors in the existing records; finding them early is part of the value of the move.
How are 102 options taxed for employees?
In the trustee capital-gains track, awards held by the trustee for the statutory period are generally taxed at the capital-gains rate on the gain, rather than at marginal income-tax rates, with specific rules for any ordinary-income component. The trustee calculates and withholds at the event itself.
Across the equity lifecycle
From grant to exit and beyond
M&A Paying Agent & Escrow
The option pool flows straight into the deal waterfall, no re-onboarding.
