Intuit (INTU) director Tekedra Mawakana details RSU vesting and new awards
Rhea-AI Filing Summary
Intuit Inc. director Tekedra Mawakana reported equity compensation and vesting activity in company stock. On January 22, 2026, 694 restricted stock units (RSUs) were converted on a 1-for-1 basis into 694 shares of Intuit common stock at a stated price of $0, leaving the RSU balance from that award at zero and resulting in 888 common shares held directly afterward.
On January 23, 2026, Mawakana was granted 497 RSUs at a price of $0 and a separate award of 45 RSUs at a value of $563.965 per share, described as the fair market value of Intuit common stock on the grant date and issued pursuant to an election to receive director fees in RSUs. Each RSU represents the right to receive one share of common stock upon vesting and later release.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 497 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 45 | $563.965 | $25K |
| Exercise | Restricted Stock Units | 694 | $0.00 | -- |
| Exercise | Common Stock | 694 | $0.00 | -- |
Footnotes (1)
- 1-for-1 Represents vesting date for these restricted stock units. 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. 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
What insider activity did Intuit (INTU) director Tekedra Mawakana report?
Tekedra Mawakana reported the conversion of 694 restricted stock units into 694 shares of Intuit common stock on January 22, 2026, and new RSU grants on January 23, 2026.
What restricted stock units were granted to Intuit (INTU) director Tekedra Mawakana on January 23, 2026?
On January 23, 2026, Mawakana received 497 RSUs at a stated price of $0 and an additional 45 RSUs valued at $563.965 per share, each RSU representing one share of common stock upon vesting and release.
What does the $563.965 price on Tekedra Mawakana’s Intuit RSU grant represent?
The filing states that $563.965 per share is the fair market value of Intuit common stock on the grant date for the 45 RSUs awarded under Mawakana’s election to receive director fees in RSUs.
Are Tekedra Mawakana’s Intuit (INTU) restricted stock units one-for-one with common stock?
Yes. The filing explains that the RSUs are 1-for-1, meaning each unit corresponds to one share of Intuit common stock upon vesting and release.
Do the restricted stock units reported by Intuit director Tekedra Mawakana expire?
The filing notes that restricted stock units do not expire; they either vest or are canceled prior to the vesting date, with specified vesting and release dates for each award.