Intuit EVP exercises RSUs, 418 shares withheld for tax
INTUIT INC. executive vice president Anton Hanebrink reported routine equity compensation activity involving restricted stock units that settled into common shares.
Rhea-AI Filing Summary
INTUIT INC. executive vice president Anton Hanebrink reported routine equity compensation activity involving restricted stock units that settled into common shares. On April 1, 2026, he exercised RSUs to acquire a total of 824 shares of common stock at a conversion price of $0.00 per share.
On the same date, 418.253 shares of common stock valued at $432.38 per share were withheld to cover tax obligations, which is recorded as a disposition but not an open-market sale. After these transactions, Hanebrink directly held 30,010.996 shares of Intuit common stock, including 38.384 shares previously acquired through the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
824 shares exercised/converted
Exercise
7 txns
Insider
Hanebrink Anton
Role
EVP, Corp Strategy and Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 348 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 252 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 224 | $0.00 | $0.00 |
| Exercise | Common Stock | 348 | $0.00 | $0.00 |
| Exercise | Common Stock | 252 | $0.00 | $0.00 |
| Exercise | Common Stock | 224 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 418.253 | $432.38 | $181K |
Holdings After Transaction:
Restricted Stock Units — 3,629 contracts (Direct);
Common Stock — 30,010.996 shares (Direct)
Footnotes (5)
- F1. Includes 38.384 shares acquired by the reporting person on 3/15/2026 through the Intuit Inc. Employee Stock Purchase Plan.
- F2. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
- F3. 1-for-1
- F4. Represents vesting date for this tranche of restricted stock units.
- F5. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Key Figures
RSU shares exercised: 824 shares
Tax withholding shares: 418.253 shares
Tax withholding price: $432.38 per share
+3 more
6 metrics
RSU shares exercised
824 shares
Restricted stock units converting into Intuit common stock on April 1, 2026
Tax withholding shares
418.253 shares
Shares withheld to cover tax obligations on April 1, 2026
Tax withholding price
$432.38 per share
Fair market value used for tax-withholding disposition
Post-transaction holdings
30,010.996 shares
Direct Intuit common stock held after reported transactions
ESPP shares included
38.384 shares
Shares acquired via Intuit Employee Stock Purchase Plan on March 15, 2026
RSU conversion price
$0.00 per share
Conversion or exercise price for restricted stock units
Key Terms
Restricted Stock Units, tax-withholding disposition, Intuit Inc. Employee Stock Purchase Plan, 1-for-1, +1 more
5 terms
Restricted Stock Units financial
"The transactions involve "Restricted Stock Units" that convert into common stock."
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.
tax-withholding disposition financial
"One transaction is described as a "tax-withholding disposition" coded F."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Intuit Inc. Employee Stock Purchase Plan financial
"Footnote notes shares acquired through the "Intuit Inc. Employee Stock Purchase Plan.""
1-for-1 financial
"A footnote specifies a "1-for-1" RSU-to-common-stock conversion ratio."
vesting date financial
"A footnote states, "Represents vesting date for this tranche of restricted stock units.""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did INTU executive Anton Hanebrink report on April 1, 2026?
Anton Hanebrink reported exercising restricted stock units into 824 shares of Intuit common stock on April 1, 2026. These RSU conversions are part of equity compensation and were executed at a conversion price of $0.00 per share, reflecting standard vesting rather than open-market purchases.
What type of equity awards did INTU grant that led to these transactions?
The transactions involve restricted stock units that convert into Intuit common stock on vesting. The RSUs convert on a 1-for-1 basis into shares, with a stated conversion or exercise price of $0.00, reflecting standard stock-based compensation rather than options with a strike price.
Are any restricted stock units still outstanding for Anton Hanebrink after these INTU transactions?
The derivative summary section in the provided data is empty, indicating no remaining derivative positions are shown in this particular filing excerpt. The reported RSUs either vested or were canceled according to the company’s vesting schedule, as noted in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
