Intuit Inc. (NASDAQ: INTU) director reports RSU grant and share conversion
Rhea-AI Filing Summary
INTUIT INC. director Eve B. Burton reported equity compensation activity involving restricted stock units and common stock. On July 24, 2026, she received 100 restricted stock units, representing a 1‑for‑1 entitlement to common shares, based on a 30‑day average closing price of $275.62 per share pursuant to her election to receive director fees in RSUs.
On July 25, 2026, 105 previously granted RSUs converted into 105 shares of common stock, valued using a fair market value at grant of $281.60 per share. Following this conversion, she directly held 1,963.757 shares of Intuit common stock, including 5.33 shares acquired through dividend reinvestments. Restricted stock units vest and are then released on specified dates, and either vest or are canceled before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F6, F3, F4 | 105 | $281.60 | $30K |
| Exercise | Common Stock F1 | 105 | $281.60 | $30K |
| Grant/Award | Restricted Stock Units F2, F5, F3, F4 | 100 | $275.62 | $28K |
Footnotes (6)
- F1. Total reflects 5.33 shares acquired pursuant to dividend reinvestments that were not previously disclosed.
- F2. 1-for-1
- F3. Represents vesting date for these restricted stock units.
- F4. Represents release date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F5. Average closing price of Intuit Inc. common stock over the 30 trading days ending on and including the trading day immediately preceding the grant date; restricted stock units awarded pursuant to reporting person's election to receive payment of director's fees in the form of restricted stock units.
- F6. Fair market value of Intuit Inc. Common Stock on date of grant; award pursuant to reporting person's election to receive payment of director's fees in the form of restricted stock units.
Key Figures
Key Terms
Restricted Stock Units financial
dividend reinvestments financial
fair market value financial
vesting date financial
release date financial
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