Intuit director McDermott receives 84-unit stock grant
The director elected to receive director fees in restricted stock units, with a stated release date of November 6, 2031.
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Rhea-AI Filing Summary
Intuit Inc. director William R. McDermott acquired 84 restricted stock units on November 6, 2026, following his election to receive director fees in restricted stock units. The units represent 84 shares of common stock; his reported post-transaction position was 84 restricted stock units. The stated vesting date was November 6, 2026, and the release date was November 6, 2031. The reported $315.88 per-share figure reflects Intuit common stock's average closing price over the 30 trading days ending on and including the trading day immediately preceding the grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F4, F2, F3 | 84 | $315.88 | $27K |
Footnotes (4)
- F1. 1-for-1
- F2. Represents vesting date for these restricted stock units.
- F3. Represents release date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F4. 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.
Key Figures
Key Terms
restricted stock units financial
vesting date financial
release date financial
average closing price financial
FAQ
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How many restricted stock units did Intuit (INTU) director William R. McDermott receive?
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