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.
FAQ
What transactions did Anton Hanebrink report on Form 4 for INTU?
How many shares does Hanebrink beneficially own after the reported transactions?
Which RSU tranches vested and how many shares resulted?
What price was received for the shares sold on 10/01/2025?
Who signed the Form 4 filing?