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Intuit EVP acquires 2,166 shares from RSUs

Intuit’s EVP, People and Places reported the vesting of performance-based RSUs and a related tax-withholding share disposition.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INTUIT INC. (INTU) reported insider equity activity by Caryl Lyn Hilliard, EVP, People and Places. On September 1, 2026, 2,166 performance-based restricted stock units were exercised for an equivalent number of common shares. On the same date, 958.097 common shares were delivered or withheld to cover the exercise price or tax liability at $359.30 per share, based on the fair market value from the prior trading day.

Positive

  • None.

Negative

  • None.
Insider Hilliard Caryl Lyn
Role EVP, People and Places
Type Security Shares Price Value
Exercise Restricted Stock Units (performance-based vesting) F2, F3, F4, F5 2,166 $0.00 $0.00
Exercise Common Stock 2,166 $0.00 $0.00
Exercise Price or Tax Liability Common Stock F1 958.097 $359.30 $344K
Holdings After Transaction: Restricted Stock Units (performance-based vesting) — 0 contracts (Direct); Common Stock — 24,745.162 shares (Direct)
Footnotes (5)
  1. F1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
  2. F2. 1-for-1
  3. F3. Represents the outstanding awarded and vested units pursuant to the restricted stock units (performance-based vesting) grant dated 7/27/2023 related to achievement of certain total shareholder return objectives.
  4. F4. Represents release date for vested restricted stock units (performance-based vesting) granted on 7/27/2023.
  5. F5. Restricted stock units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.
RSUs exercised 2,166 units Performance-based restricted stock units converted into common stock on September 1, 2026
Common shares acquired from RSUs 2,166 shares Common stock received upon 1-for-1 conversion of performance-based RSUs
Shares delivered/withheld for exercise price or tax liability 958.097 shares Common stock used to satisfy exercise price or tax liability on September 1, 2026
Fair market value per share $359.30 per share Fair market value on the trading day immediately preceding the reported transaction date, used for withholding
Exercise transactions 1 transaction One derivative exercise/conversion reported for performance-based RSUs
Exercise price or tax liability transactions 1 transaction One transaction using common shares to pay exercise price or tax liability
Restricted Stock Units (performance-based vesting) financial
"Restricted Stock Units (performance-based vesting) grant dated 7/27/2023 related to achievement"
fair market value financial
"Fair market value of Intuit Inc. common stock on the trading day immediately"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
total shareholder return financial
"related to achievement of certain total shareholder return objectives"
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

What insider transaction did INTU report for EVP Caryl Lyn Hilliard?

INTU reported that EVP Caryl Lyn Hilliard had 2,166 performance-based restricted stock units convert into common stock on September 1, 2026, with a portion of the resulting shares delivered or withheld to cover the exercise price or tax liability.

How many INTU shares were acquired through RSU vesting on September 1, 2026?

On September 1, 2026, 2,166 restricted stock units with performance-based vesting converted into 2,166 shares of Intuit common stock on a 1-for-1 basis as part of a previously granted award.

How many INTU shares were used to cover taxes or exercise price in this Form 4?

The filing shows that 958.097 shares of Intuit common stock were delivered or withheld on September 1, 2026 to pay the exercise price or tax liability associated with the RSU vesting transaction.

What price per share was used for the tax-withholding transaction for INTU stock?

The tax-withholding transaction used a price of $359.30 per share, which the filing describes as the fair market value of Intuit Inc. common stock on the trading day immediately preceding the reported transaction date.

Were the vested INTU RSUs performance-based, and what were they tied to?

Yes. The restricted stock units were performance-based awards granted on July 27, 2023, and the filing states they related to the achievement of certain total shareholder return objectives before vesting and release.

Was this INTU insider transaction made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that these transactions were made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hilliard Caryl Lyn

(Last)(First)(Middle)
C/O INTUIT INC.
2700 COAST AVENUE

(Street)
MOUNTAIN VIEW CALIFORNIA 94043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, People and Places
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026M2,166A$025,703.259D
Common Stock09/01/2026F958.097D$359.3(1)24,745.162D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (performance-based vesting)(2)09/01/2026M2,166(3)09/01/2026(4) (5)Common Stock2,166$00D
Explanation of Responses:
1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
2. 1-for-1
3. Represents the outstanding awarded and vested units pursuant to the restricted stock units (performance-based vesting) grant dated 7/27/2023 related to achievement of certain total shareholder return objectives.
4. Represents release date for vested restricted stock units (performance-based vesting) granted on 7/27/2023.
5. Restricted stock units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.
Remarks:
/s/ Erick Rivero, by power-of-attorney09/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)