Intuit director Norrod receives 80-unit stock grant
The units were awarded under the director's election to receive director fees in restricted stock units, valued using a 30-trading-day average.
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Rhea-AI Filing Summary
Forrest Eugene Norrod, a director of Intuit Inc. (INTU), acquired 80 restricted stock units on November 6, 2026, under his election to receive director fees in RSUs. The reported $315.88 per-share figure is the average closing price of Intuit common stock over the 30 trading days ending on and including the trading day immediately before the grant date. The reported position after the award was 80 RSUs. The footnotes identify November 6, 2026 as the vesting date and November 6, 2031 as the release date; RSUs do not expire and either vest or are canceled before the vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F4, F2, F3 | 80 | $315.88 | $25K |
Footnotes (4)
- F1. 1-for-1
- F2. Represents vesting date for these restricted stock units.
- F3. Represents release date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F4. Average closing price of Intuit Inc. common stock over the 30 trading days ending on and including the trading day immediately preceding the grant date; restricted stock units awarded pursuant to reporting person's election to receive payment of director's fees in the form of restricted stock units.
Key Figures
Key Terms
Restricted Stock Units financial
vesting date financial
release date financial
FAQ
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How many restricted stock units did the INTU director receive?
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