INTU insider filing: EVP Hanebrink discloses options, RSUs and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Anton Hanebrink, EVP, Corporate Strategy and Development at Intuit, reported beneficial ownership of 23,398.948 shares of Intuit common stock and a portfolio of equity awards. The filing itemizes non-qualified stock options exercisable into 17,205, 14,326, 18,281, 13,626, 11,934 and 9,648 shares with stated exercise prices, plus performance-based and time-based restricted stock units with explicit vesting schedules.
Positive
- Reporting person and title: Anton Hanebrink, EVP, Corporate Strategy and Development (Intuit)
- Common stock owned: 23,398.948 shares beneficially owned (Direct)
- Options disclosed: Non-qualified stock options exercisable into 17,205; 14,326; 18,281; 13,626; 11,934; and 9,648 shares with listed exercise prices
- RSUs disclosed: Performance-based and time-based restricted stock units with target amounts and explicit vesting dates
Negative
- None.
Insights
TL;DR: Routine insider ownership disclosure showing direct share ownership and multiple option/RSU tranches.
The Form 3 documents a direct beneficial holding of 23,398.948 Intuit shares and detailed equity compensation awards. Non-qualified option tranches and both performance-based and time-based RSUs are listed with exercise prices and vesting dates, providing a clear record of the executive's granted equity positions.
TL;DR: Initial statement of beneficial ownership recording direct holdings and explicit vesting schedules for transparency.
The disclosure identifies Anton Hanebrink as the reporting executive and enumerates each option grant and RSU award along with vesting terms. The report is a standard Form 3 filing that records direct ownership and the details necessary for public transparency about compensation-related securities.
Insider Trade Summary
21 transactions reported
Mixed
21 txns
Insider
Hanebrink Anton
Role
EVP, Corp Strategy and Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Options (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Options (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Options (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Options (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Options (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Options (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units (performance-based vesting) | -- | -- | -- |
| holding | Restricted Stock Units (performance-based vesting) | -- | -- | -- |
| holding | Restricted Stock Units (performance-based vesting) | -- | -- | -- |
| holding | Restricted Stock Units (performance-based vesting) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units (MSPP Matching Award) | -- | -- | -- |
| holding | Restricted Stock Units (MSPP Matching Award) | -- | -- | -- |
| holding | Restricted Stock Units (MSPP Matching Award) | -- | -- | -- |
| holding | Restricted Stock Units (MSPP Purchased Award) | -- | -- | -- |
| holding | Restricted Stock Units (MSPP Purchased Award) | -- | -- | -- |
| holding | Restricted Stock Units (MSPP Purchased Award) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Options (right to buy) — 17,205 shares (Direct);
Restricted Stock Units (performance-based vesting) — 10,609 shares (Direct);
Restricted Stock Units — 1,394 shares (Direct);
Restricted Stock Units (MSPP Matching Award) — 201 shares (Direct);
Restricted Stock Units (MSPP Purchased Award) — 201 shares (Direct);
Common Stock — 23,398.948 shares (Direct)
Footnotes (1)
- 25% of the 20,040 options granted on 7/30/2020 vested on 7/30/2021 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. 25% of the 14,326 options granted on 7/29/2021 vested on 7/29/2022 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. 25% of the 18,281 options granted 7/28/2022 vested on 7/28/2023 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. 25% of the 13,626 options granted 7/27/2023 vested on 7/27/2024 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. 25% of the 11,934 options granted on 7/25/2024 vested on 7/25/2025 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. 25% of the 9,648 options granted on 7/24/2025 vest on 7/24/2026 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. Represents vesting date for restricted stock units (performance-based vesting). Restricted stock units do not expire; they either vest or are canceled prior to vesting date. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2025. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock. 1-for-1 The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2026. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2027. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2028. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock. 25% of the restricted stock units granted on 7/28/2022 vested on July 1, 2023 and thereafter 6.25% of the restricted stock units vest on each October 1, December 31, April 1, and July 1, until the award is fully vested. 25% of the restricted stock units granted on 7/27/2023 vested on July 1, 2024 and thereafter 6.25% of the restricted stock units vest on each October 1, December 31, April 1, and July 1, until the award is fully vested. 25% of the restricted stock units granted on 7/25/2024 vested on July 1, 2025 and thereafter 6.25% of the restricted stock units vest on each October 1, December 31, April 1, and July 1, until the award is fully vested. 25% of the restricted stock units granted on 7/24/2025 vest on July 1, 2026 and thereafter 6.25% of the restricted stock units vest on each October 1, December 31, April 1, and July 1, until the award is fully vested. 100% of the restricted stock units granted vest on 8/12/2025. 100% of the restricted stock units granted vest on 8/11/2026. 100% of the restricted stock units granted vest on 8/9/2027. Restricted Stock Units (MSPP Purchased Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
FAQ
Who filed the Form 3 for Intuit (INTU)?
Anton Hanebrink, EVP, Corporate Strategy and Development at Intuit, is the reporting person.
What non-qualified stock options were reported on the Form 3?
Non-qualified options exercisable into 17,205, 14,326, 18,281, 13,626, 11,934, and 9,648 shares, each with specified exercise prices shown in the filing.
Are restricted stock units (RSUs) included in the disclosure?
Yes. The filing lists performance-based RSUs with vesting on 09/01/2025, 09/01/2026, 09/01/2027, 09/01/2028 and multiple time-based RSU tranches with scheduled vesting and MSPP awards noted.
Are the reported securities held directly or indirectly?
All securities in the tables are reported as Direct (D) beneficial ownership.