Intuit (INTU) CEO Sasan Goodarzi logs RSU vesting and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuit Inc. Chairman and CEO Sasan K. Goodarzi reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On July 1, 2026, a total of 3,239.358 RSUs vested and were converted on a 1-for-1 basis into Intuit common stock. In connection with these vestings, 1,607.435 shares of common stock held indirectly through the Goodarzi Rev Trust were disposed of at a fair market value of $261.00 per share to satisfy tax obligations, rather than through an open-market sale. After these transactions, the filing shows remaining indirect common stock holdings in the trust and no remaining RSUs from the reported grants, indicating a standard vest-and-tax-withholding pattern rather than discretionary buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,239.358 shares exercised/converted
Mixed
11 txns
Insider
Goodarzi Sasan K
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 653.526 | $0.00 | -- |
| Exercise | Restricted Stock Units | 889.001 | $0.00 | -- |
| Exercise | Restricted Stock Units | 803 | $0.00 | -- |
| Exercise | Restricted Stock Units | 862.996 | $0.00 | -- |
| Exercise | Restricted Stock Units | 30.835 | $0.00 | -- |
| Exercise | Common Stock | 653.526 | $0.00 | -- |
| Exercise | Common Stock | 889.001 | $0.00 | -- |
| Exercise | Common Stock | 803 | $0.00 | -- |
| Exercise | Common Stock | 862.996 | $0.00 | -- |
| Exercise | Common Stock | 30.835 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,607.435 | $261.00 | $420K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 16,230.085 shares (Indirect, By Trust)
Footnotes (1)
- Shares held in Goodarzi Rev Trust u/a Dtd 5/18/2012 of which reporting person is a trustee. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction. 1-for-1 Represents 653.526 vested restricted stock units which were subject to a one year deferred release. Represents release date for these vested restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. Represents 849.386 vested restricted stock units which were subject to a one year deferred release and 39.615 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 7/1/2026 but are subject to deferred release. Represents release date for 849.386 vested restricted stock units and vesting and release date for 39.615 restricted stock units. Represents 767.212 vested restricted stock units which were subject to a one year deferred release and 35.788 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 7/1/2026 but are subject to deferred release. Represents release date for 767.212 vested restricted stock units and vesting and release date for 35.788 restricted stock units. Represents 824.532 vested restricted stock units which were subject to a one year deferred release and 38.464 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 7/1/2026 but are subject to deferred release. Represents release date for 824.532 vested restricted stock units and vesting and release date for 38.464 restricted stock units. Represents vesting and release date for this portion of restricted stock units to accommodate tax withholding obligations in connection with vesting and deferred release of certain restricted stock units granted on 7/24/2025.
Key Figures
RSUs vested and converted: 3,239.358 units
Tax-withholding shares: 1,607.435 shares
Fair market value per share: $261.00 per share
+2 more
5 metrics
RSUs vested and converted
3,239.358 units
Restricted stock units converting 1-for-1 into common stock on 7/1/2026
Tax-withholding shares
1,607.435 shares
Common stock disposed to satisfy tax obligations on 7/1/2026
Fair market value per share
$261.00 per share
Value from trading day immediately before reported transaction
Exercise transactions
5 derivative exercises
Exercise or conversion of RSUs into common stock
Tax-withholding transactions
1 transaction
Code F disposition for tax liability via share delivery
Key Terms
Restricted Stock Units, deferred release, tax withholding obligations, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Represents 653.526 vested restricted stock units which were subject to a one year deferred release."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred release financial
"Restricted stock units which were subject to a one year deferred release."
tax withholding obligations financial
"Release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 7/1/2026."
derivative security financial
"Transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Goodarzi Rev Trust financial
"Shares held in Goodarzi Rev Trust u/a Dtd 5/18/2012 of which reporting person is a trustee."
FAQ
What did Intuit (INTU) CEO Sasan Goodarzi report in this Form 4 filing?
Sasan Goodarzi reported vesting and conversion of restricted stock units into Intuit common stock and a related tax-withholding share disposition. These transactions reflect routine equity compensation activity rather than open-market buying or selling of shares.
How many Intuit (INTU) restricted stock units vested and converted in this Form 4?
A total of 3,239.358 restricted stock units vested and converted into Intuit common shares on a 1-for-1 basis. Each RSU delivered one share of common stock, consistent with the equity award’s stated conversion terms.
Were any of Sasan Goodarzi’s Intuit (INTU) transactions open-market sales or purchases?
No open-market sales or purchases are reported. The disposition coded “F” represents shares withheld to pay taxes, and the “M” coded entries reflect exercises or conversions of derivative securities, specifically restricted stock units converting into common shares.