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Intuit (NASDAQ: INTU) grants 18,114 and 15,048 RSUs to SVP Lauren Hotz

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Form Type
4

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.

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Insider Hotz Lauren D
Role SVP, Chief Accounting Officer
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
Holdings After Transaction: Restricted Stock Units — 18,114 shares (Direct); Restricted Stock Units (performance-based vesting) — 15,048 shares (Direct)
Footnotes (6)
  1. F1. Dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.
  2. F2. 1-for-1
  3. 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.
  4. F4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
  5. 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.
  6. F6. Represents vesting date for restricted stock units (performance-based vesting).
Time-based RSUs granted 18,114 units Restricted stock units granted to Lauren D. Hotz on July 23, 2026
Performance-based RSUs granted 15,048 units Target number of performance-based RSUs granted on July 23, 2026
Initial vesting percentage 6.25% Portion of time-based RSUs vesting on October 1, 2026
Performance payout range 0-200% Range of units that may vest relative to the 15,048 target units
Time-based RSU vesting start October 1, 2026 First vesting date for time-based restricted stock units
Performance RSU vesting date 9/1/2029 Vesting date for performance-based RSUs after total shareholder return goals
RSU to common stock ratio 1-for-1 Each vested RSU is settled in one share of Intuit Inc. common stock
Restricted Stock Units financial
"Transaction reports grants of Restricted Stock Units to Lauren D. Hotz"
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.
dividend equivalent rights financial
"Dividend equivalent rights accrue on the underlying shares for this award"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
performance-based vesting financial
"Restricted Stock Units (performance-based vesting) may vest at 0-200% of target"
total shareholder return financial
"Depending upon total shareholder return objectives, awarded units will vest on 9/1/2029"
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider equity awards for Lauren D. Hotz does Intuit (INTU) report?

Intuit reports two RSU grants to SVP and Chief Accounting Officer Lauren D. Hotz on July 23, 2026: 18,114 time-based RSUs and 15,048 performance-based RSUs, each exchangeable 1-for-1 into Intuit common stock as they vest over time.

How do the 18,114 time-based RSUs granted by Intuit (INTU) vest?

The 18,114 time-based RSUs vest 6.25% on October 1, 2026, then 6.25% on each December 31, April 1, July 1 and October 1 thereafter until the award is fully vested, assuming continued service and that units are not canceled before vesting.

What are the terms of the 15,048 performance-based RSUs at Intuit (INTU)?

The 15,048 performance-based RSUs represent a target; the actual vested amount can range from 0–200% of this number, depending on Intuit’s total shareholder return. After performance goals are met, awarded units vest on September 1, 2029 and are settled in an equal number of common shares.

Do the Intuit (INTU) RSU awards for Lauren D. Hotz have an expiration date?

The filing states that restricted stock units do not expire; they either vest or are canceled before the vesting date. Both the time-based and performance-based RSU awards for Lauren D. Hotz follow this structure rather than expiring on a fixed option-like date.

How are dividend equivalent rights handled on Lauren D. Hotz’s Intuit (INTU) RSUs?

For these awards, dividend equivalent rights accrue on the underlying RSU shares. These dividend equivalents are not paid currently but settle in cash upon vesting and issuance of the related Intuit common shares, aligning cash payments with actual share delivery.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hotz Lauren D

(Last)(First)(Middle)
C/O INTUIT INC.
2700 COAST AVENUE

(Street)
MOUNTAIN VIEW CALIFORNIA 94043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)(2)07/23/2026A18,114 (3) (4)Common Stock18,114$018,114D
Restricted Stock Units (performance-based vesting)(1)(2)07/23/2026A15,048(5)09/01/2029(6) (4)Common Stock15,048$015,048D
Explanation of Responses:
1. Dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.
2. 1-for-1
3. 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.
4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
5. 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.
6. Represents vesting date for restricted stock units (performance-based vesting).
Remarks:
/s/ Erick Rivero, by power-of-attorney07/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)