Intuit Inc. (INTU) director converts RSUs into 58 shares, now holding 11,816
Rhea-AI Filing Summary
INTUIT INC. director Richard L. Dalzell exercised 58 restricted stock units into 58 shares of common stock on 2026-07-30. The RSUs were granted at a fair market value of $529.97 per share pursuant to his election to receive director's fees in RSUs. After this conversion, he directly holds 11,816 common shares, and the filing indicates the transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 58 shares
Net Buy
2 txns
Insider
DALZELL RICHARD L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4, F2, F3 | 58 | $529.97 | $31K |
| Exercise | Common Stock | 58 | $529.97 | $31K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 11,816 shares (Direct)
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. 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.
Key Figures
RSUs Converted: 58 shares
Grant Fair Market Value: $529.97 per share
Shares Held After Transaction: 11,816 shares
+2 more
5 metrics
RSUs Converted
58 shares
Restricted stock units exercised into common stock on 2026-07-30
Grant Fair Market Value
$529.97 per share
Fair market value of Intuit common stock on RSU grant date
Shares Held After Transaction
11,816 shares
Direct Intuit common stock ownership following RSU conversion
RSU Vesting Date
2021-07-30
Footnote states this represents the vesting date for the RSUs
RSU Release Date
2026-07-30
Footnote states this represents the release date for the RSUs
Key Terms
Restricted Stock Units, fair market value, director's fees, release date
4 terms
Restricted Stock Units financial
"The reporting person held Restricted Stock Units that converted 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.
fair market value financial
"Fair market value of Intuit Inc. Common Stock on date of grant."
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.
director's fees financial
"Award pursuant to reporting person's election to receive payment of director's fees in the form of RSUs."
release date financial
"Represents release date for these restricted stock units."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did INTU director Richard L. Dalzell report?
Richard L. Dalzell reported converting 58 restricted stock units into 58 shares of Intuit common stock on 2026-07-30. This reflects an equity award vesting rather than an open-market purchase or sale.
At what price were Richard L. Dalzell’s INTU restricted stock units granted?
The restricted stock units were granted at a fair market value of $529.97 per share of Intuit common stock. This value reflects the stock price on the grant date used to calculate the director’s equity-based fees.
Was Richard L. Dalzell’s INTU Form 4 transaction under a Rule 10b5-1 plan?
The filing explicitly indicates the transaction was not conducted under a Rule 10b5-1 trading plan. This means the reported RSU conversion was not executed pursuant to a pre-arranged automatic trading program.
What is the origin of the RSUs reported by Richard L. Dalzell at INTU?
The 58 restricted stock units originated from Dalzell’s election to receive director’s fees in the form of RSUs. The award used a fair market value of $529.97 per share on the grant date to determine the number of units.