sharing my brex senior engineer offer from q1 2026 since i couldn't find current data when i was negotiating and had to piece things together.
my offer (senior SWE, backend, SF bay area market): base: $195k equity: ~$450k in options, 4-year vest, 1-year cliff signing: $30k no annual bonus for ICs at my level (they do discretionary performance bonuses but they were clear it's not guaranteed and not in the total comp calculation)
total comp calculation: being very rough: $195k base + ~$112k equity/yr (450k / 4) + $30k signing amortized over 2 years = roughly $340k all-in first year, closer to $307k in years 2-4 before any refreshes.
some context: i was leveled as L4 which is their senior IC band (not to be confused with mid-level at some other companies) i had 7 YOE going in and one competing offer from a late-stage startup at a slightly higher base, which i used in negotiation they moved on base by $10k when i asked. equity was "fixed by band" per the recruiter but it moved by $25k after a second ask. everything is negotiable, they just say it isn't. options, not RSUs. so pre-ipo risk. brex has been rumored for a while on the ipo track but who knows. price at last 409a wasn't disclosed to me at offer stage, you have to ask directly.
rough market context i pulled from other sources: L3 (mid-level) reportedly in the $155-175k base range with smaller equity L5 (staff) reportedly $215k+ base with meaningfully larger grants
if you're a strong L4 candidate, $195-200k base feels like the current ceiling before you start asking for exceptions. negotiate the signing aggressively, it's the easiest lever.