Intuit director awarded restricted stock units
Intuit Inc. director Forrest Eugene Norrod reported two awards of restricted stock units (RSUs) on January 23, 2026.
Rhea-AI Filing Summary
Intuit Inc. director Forrest Eugene Norrod reported two awards of restricted stock units (RSUs) on January 23, 2026. He received 497 RSUs at an exercise price of $0, and a separate grant of 45 RSUs valued at $563.965 per share, reflecting the fair market value of Intuit common stock on the grant date. Each RSU corresponds on a 1-for-1 basis to a share of Intuit common stock, subject to vesting. The filing notes that RSUs either vest or are canceled before vesting, and the second award was made under his election to receive director fees in RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 497 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 45 | $563.965 | $25K |
Footnotes (4)
- F1. 1-for-1
- F2. Represents vesting date for these restricted stock units.
- F3. Represents release date for these vested restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F4. Fair market value of Intuit Inc. common stock on date of grant; award pursuant to reporting person's election to receive payment of director's fees in the form of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Intuit (INTU) report for Forrest Eugene Norrod?
How many restricted stock units did the Intuit director receive on January 23, 2026?
What does the $563.965 figure represent in the Intuit (INTU) Form 4 filing?
Are the Intuit restricted stock units granted to the director one-for-one with common stock?
Why did the Intuit director receive 45 RSUs at fair market value?
Do the Intuit restricted stock units reported in this Form 4 expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.