Intuit (NASDAQ: INTU) awards CAO 402 stock units in MSPP grants
Rhea-AI Filing Summary
INTUIT INC. reported that Lauren D. Hotz, SVP and Chief Accounting Officer, received two awards of restricted stock units on August 14, 2026 under a management stock purchase program. She acquired 201 restricted stock units (MSPP Purchased Award) at $345.66 per unit, fully vested upon grant, settling upon the earlier of employment termination or three years from grant, with a settlement date referenced as August 14, 2029. She also acquired 201 restricted stock units (MSPP Matching Award) at $0.00 per unit, granted in connection with voluntary participation in the program and scheduled to vest on August 14, 2029. Each unit represents a 1-for-1 right to receive Intuit common stock, and the units either vest or are canceled rather than expiring.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (MSPP Purchased Award) F1, F2, F3 | 201 | $345.66 | $69K |
| Grant/Award | Restricted Stock Units (MSPP Matching Award) F4, F1, F5, F6 | 201 | $0.00 | $0.00 |
Footnotes (6)
- F1. 1-for-1
- F2. 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.
- F3. Represents settlement date for restricted stock units (MSPP Purchased Award). Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F4. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).
- F5. Represents vesting date for these restricted stock units.
- F6. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Key Figures
Key Terms
Restricted stock units financial
management stock purchase program (MSPP) financial
vesting date financial
FAQ
What insider equity awards were reported for INTU executive Lauren D. Hotz on this Form 4?
How many restricted stock units tied to INTU stock did Lauren D. Hotz acquire?
What are the key terms of the MSPP Purchased Award reported for INTU stock?
When do the MSPP Matching Award restricted stock units for INTU vest?
What does the 1-for-1 description mean for Lauren D. Hotz’s INTU restricted stock units?
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