Intuit (NASDAQ: INTU) grants 18,114 and 15,048 RSUs to SVP Lauren Hotz
Rhea-AI Filing Summary
Hotz Lauren D reported acquisition or exercise transactions in this Form 4 filing.
Intuit Inc. reported equity compensation awards to SVP and Chief Accounting Officer Lauren D. Hotz. On July 23, 2026, she received 18,114 time-based restricted stock units and 15,048 performance-based restricted stock units, each convertible 1-for-1 into Intuit common stock, with vesting schedules extending from October 1, 2026 through September 1, 2029.
The time-based RSUs vest 6.25% on October 1, 2026 and 6.25% on each subsequent December 31, April 1, July 1 and October 1 until fully vested. The performance-based award can vest at 0-200% of the 15,048 target units based on total shareholder return, vesting on September 1, 2029; vested units are settled in shares, and related dividend equivalent rights accrue and are settled in cash.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3, F4 | 18,114 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (performance-based vesting) F1, F2, F5, F6, F4 | 15,048 | $0.00 | $0.00 |
Footnotes (6)
- F1. Dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.
- F2. 1-for-1
- F3. 6.25% of the restricted stock units will vest on October 1, 2026; thereafter 6.25% of the restricted stock units will vest on each of December 31, April 1, July 1 and October 1, until the award is fully vested.
- F4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F5. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2029. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.
- F6. Represents vesting date for restricted stock units (performance-based vesting).
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
performance-based vesting financial
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