INTU Form 4: Kerry McLean Receives 144 Purchased + 144 Matching RSUs
Rhea-AI Filing Summary
Intuit insider stock awards recorded: Kerry J. McLean, Executive Vice President, General Counsel & Corporate Secretary of Intuit Inc. (INTU), reported two grants of restricted stock units on 08/08/2025 totaling 288 RSUs (144 MSPP Purchased Award RSUs and 144 MSPP Matching Award RSUs). The Purchased Award RSUs are listed with a $749 price and are fully vested upon grant but settle on the earlier of termination of employment or three years from grant; settlement date shown as 08/08/2028. The Matching Award RSUs vest on 08/08/2028 and were awarded in connection with voluntary participation in Intuit’s Management Stock Purchase Program.
Positive
- Two RSU grants totaling 288 units were reported, showing transparent disclosure of insider equity activity
- MSPP Matching Award granted in connection with voluntary participation in the Management Stock Purchase Program, indicating program-driven alignment
- Purchased Award is fully vested upon grant (per the form), clarifying the vesting status
Negative
- None.
Insights
TL;DR: Executive received time‑based and program‑linked RSUs that align with shareholder incentives; no cash compensation changes disclosed.
The filing documents two categories of restricted stock units for Kerry J. McLean: a Purchased Award that is fully vested at grant but subject to settlement timing and a Matching Award tied explicitly to participation in the company’s Management Stock Purchase Program. The Purchased Award shows a purchase price of $749 per share and settlement mechanics (earlier of termination or three years), while the Matching Award vests on 08/08/2028. From a governance standpoint these are routine equity compensation disclosures demonstrating incentive alignment without any reported disposals, sales, or cash compensation changes in this Form 4.
TL;DR: Disclosure records acquisition of 288 RSUs by a senior officer; impact on share count is routine and not quantified here.
The report shows acquisition (code A) of 144 RSUs (MSPP Purchased Award) and 144 RSUs (MSPP Matching Award) on 08/08/2025, with both resulting in beneficial ownership of 144 underlying shares each following the transactions. The Purchased Award lists a price of $749 while the Matching Award is recorded at $0 as a program match. No sales, option exercises, or derivative dispositions are reported. The filing is a standard Section 16 disclosure of insider equity awards and does not include broader financial metrics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (MSPP Purchased Award) | 144 | $749.00 | $108K |
| Grant/Award | Restricted Stock Units (MSPP Matching Award) | 144 | $0.00 | -- |
Footnotes (1)
- 1-for-1 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. 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. Represents vesting date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).