Intuit grants RSUs to EVP Caryl Lyn Hilliard
Hilliard Caryl Lyn reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hilliard Caryl Lyn reported acquisition or exercise transactions in this Form 4 filing.
INTUIT INC. granted EVP, People and Places Caryl Lyn Hilliard 15,397 restricted stock units and a separate performance-based RSU award with a target of 12,791 units on July 23, 2026. The time-based RSUs vest 12.5% on December 31, 2026 and 6.25% quarterly thereafter. The performance RSUs may vest at 0-200% of target based on total shareholder return objectives, with any awarded units vesting on September 1, 2029 and settling in an equal number of common shares; dividend equivalent rights accrue in cash upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3, F4 | 15,397 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (performance-based vesting) F1, F2, F5, F6, F4 | 12,791 | $0.00 | $0.00 |
Footnotes (6)
- F1. Dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.
- F2. 1-for-1
- F3. 12.5% of the restricted stock units will vest on December 31, 2026; thereafter 6.25% of the restricted stock units will vest on each April 1, July 1, October 1, and December 31, until the award is fully vested.
- F4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F5. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2029. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.
- F6. Represents vesting date for restricted stock units (performance-based vesting).
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
performance-based vesting financial
FAQ
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What equity awards did Intuit (INTU) grant to EVP Caryl Lyn Hilliard?
How do the time-based RSUs granted by Intuit (INTU) to Caryl Lyn Hilliard vest?
What is the performance condition on Intuit (INTU) performance-based RSUs?
When do the performance-based RSUs for Intuit (INTU) EVP Caryl Lyn Hilliard vest?
Do the Intuit (INTU) RSU awards to Caryl Lyn Hilliard include dividend equivalent rights?
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