[Form 4] Intuit Inc Insider Trading Activity
Rhea-AI Filing Summary
Anton Hanebrink, EVP, Corporate Strategy and Development at Intuit (INTU), reported receipt and partial disposition of company stock tied to performance-based restricted stock units. On 09/01/2025, 10,749 performance-based restricted stock units vested and were converted 1-for-1 into 10,749 shares of common stock at no exercise price. The filing also reports a disposition of 5,573.358 shares at a reported per-share value of $667, leaving 28,772.876 shares beneficially owned after the transactions.
Positive
- 10,749 performance-based restricted stock units vested and converted to common stock, indicating achievement of TSR-related objectives
- After transactions, the reporting person still beneficially owns 28,772.876 shares, maintaining substantial alignment with shareholders
Negative
- Disposition of 5,573.358 shares reduced holdings; beneficial ownership decreased from 34,346.234 to 28,772.876 shares
- The filing shows a sale at the reported fair-market value of $667 per share, resulting in realized shares leaving the insider’s position
Insights
TL;DR: Insider received vested performance RSUs and sold roughly half of the vested shares, a routine compensation-related transaction.
The filing shows 10,749 performance-based restricted stock units vested and converted into common stock and a contemporaneous disposition of 5,573.358 shares at a reported fair-market value of $667 per share. This pattern is consistent with executives realizing compensation value tied to performance while retaining a significant post-transaction holding of 28,772.876 shares. The transactions appear compensation-driven rather than signaling a material corporate event.
TL;DR: Vesting of performance RSUs indicates goal achievement; partial sale is common for tax/portfolio reasons and doesn’t imply governance change.
The report documents vesting of performance-based RSUs tied to total shareholder return objectives and subsequent sale of a portion of the resulting shares. The disclosure includes standard execution by power-of-attorney signature. No departures, grants beyond the vesting, or unusual derivative activity are reported. The remaining beneficial ownership suggests continued alignment with shareholder interests.