Intuit EVP settles 5,247 performance RSUs
Intuit EVP Anton Hanebrink settled performance-based RSUs into common stock, with a portion of shares withheld at fair market value to cover exercise price or tax obligations.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
INTUIT INC. (INTU) executive Anton Hanebrink, EVP, Corp Strategy and Dev, reported the September 1, 2026 vesting and settlement of 5,247 performance-based restricted stock units, which converted 1-for-1 into common stock under a July 27, 2023 award tied to total shareholder return objectives.
Of the common shares received, 2,720.571 shares were delivered or withheld to pay the exercise price or tax liability at a price of $359.30 per share, equal to the fair market value on the prior trading day; no Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (performance-based vesting) F2, F3, F4, F5 | 5,247 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,247 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F1 | 2,720.571 | $359.30 | $978K |
Footnotes (5)
- F1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
- F2. 1-for-1
- F3. Represents the outstanding awarded and vested units pursuant to the restricted stock units (performance-based vesting) grant dated 7/27/2023 related to achievement of certain total shareholder return objectives.
- F4. Represents release date for vested restricted stock units (performance-based vesting) granted on 7/27/2023.
- F5. Restricted stock units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.
Key Figures
Key Terms
Restricted Stock Units (performance-based vesting) financial
fair market value financial
Payment of exercise price or tax liability by delivering or withholding securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transaction did INTU executive Anton Hanebrink report?
Were the INTU restricted stock units subject to performance conditions?
Do the reported performance-based RSUs for INTU have an expiration date?
Was a Rule 10b5-1 trading plan involved in this INTU Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.