Intuit grants equity RSUs to SVP Lauren Hotz
Hotz Lauren D reported acquisition or exercise transactions in this Form 4 filing.
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
- None.
Negative
- None.
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity awards for Lauren D. Hotz does Intuit (INTU) report?
How do the 18,114 time-based RSUs granted by Intuit (INTU) vest?
What are the terms of the 15,048 performance-based RSUs at Intuit (INTU)?
Do the Intuit (INTU) RSU awards for Lauren D. Hotz have an expiration date?
How are dividend equivalent rights handled on Lauren D. Hotz’s Intuit (INTU) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.