Intuit insider report: RSUs converted and 427.246 shares disposed on 10/01/2025
Rhea-AI Filing Summary
Anton Hanebrink, Executive Vice President, Corporate Strategy and Development at Intuit Inc. (INTU), reported multiple equity transactions with an earliest transaction date of 10/01/2025. The filing shows three non‑derivative acquisitions recorded with a $0 price (codes M) totaling 925 shares across separate tranches and one disposition of 427.246 shares at a price of $682.91, leaving total beneficial ownership of 29,169.63 shares after the reported transactions. The derivative table shows corresponding restricted stock units (RSUs) vesting on 10/01/2025 that converted into underlying common stock: 349, 251, and 224 RSUs converted into 1,045, 1,763, and 2,470 shares respectively. The form is signed by power‑of‑attorney on 10/02/2025.
Positive
- RSU vesting on 10/01/2025 converted into concrete shares (totaling listed tranches of 1,045, 1,763, and 2,470)
- Total beneficial ownership remains substantial at 29,169.63 shares after the reported transactions
Negative
- Disposition of 427.246 shares at $682.91 reduced immediate share holdings
- Some shares were sold the day of vesting, indicating partial realization of equity value
Insights
RSU vesting increased direct ownership while a sale covered taxes or disposition.
The filing documents RSU tranches vesting on 10/01/2025 that converted into specific share amounts: 1,045, 1,763, and 2,470 shares of common stock. These conversions are recorded as non‑derivative acquisitions at $0, consistent with restricted units vesting into shares.
The report also shows a disposition of 427.246 shares at $682.91, resulting in a reported post‑transaction beneficial ownership of 29,169.63 shares. This combination of vesting and a contemporaneous sale is typical in executive compensation events where vested shares are partially sold; the form provides exact counts and prices for transparency.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 349 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 251 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 224 | $0.00 | $0.00 |
| Exercise | Common Stock | 349 | $0.00 | $0.00 |
| Exercise | Common Stock | 251 | $0.00 | $0.00 |
| Exercise | Common Stock | 224 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 427.246 | $682.91 | $292K |
Footnotes (4)
- F1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
- F2. 1-for-1
- F3. Represents vesting date for this tranche of restricted stock units.
- F4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
