Intuit (INTU) EVP settles MSPP RSUs and withholds shares for obligations
Rhea-AI Filing Summary
Intuit Inc. executive Anton Hanebrink, EVP, Corp Strategy and Dev, reported multiple equity transactions on August 11, 2026. He exercised and settled two restricted stock unit awards under a management stock purchase program, each covering 194 common shares, and received common stock accordingly. In a related transaction, 196.621 common shares were delivered or withheld at $334.43 per share for payment of exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 191.379 shares
Net Buy
5 txns
Insider
Hanebrink Anton
Role
EVP, Corp Strategy and Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (MSPP Purchased Award) F2, F3, F4 | 194 | $497.77 | $97K |
| Exercise | Restricted Stock Units (MSPP Matching Award) F5, F2, F6, F7 | 194 | $0.00 | $0.00 |
| Exercise | Common Stock | 194 | $0.00 | $0.00 |
| Exercise | Common Stock | 194 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F1 | 196.621 | $334.43 | $66K |
Holdings After Transaction:
Restricted Stock Units (MSPP Purchased Award) — 0 shares (Direct);
Restricted Stock Units (MSPP Matching Award) — 0 shares (Direct);
Common Stock — 30,998.254 shares (Direct)
Footnotes (7)
- F1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
- F2. 1-for-1
- F3. Restricted stock units (MSPP Purchased Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
- F4. Represents settlement date for restricted stock units (MSPP Purchased Award). Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F5. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).
- F6. Represents vesting and settlement date for restricted stock units (MSPP Matching Award).
- F7. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Key Figures
MSPP Purchased Award RSUs exercised: 194 shares
MSPP Matching Award RSUs exercised: 194 shares
Total derivative shares exercised: 388 shares
+3 more
6 metrics
MSPP Purchased Award RSUs exercised
194 shares
Restricted Stock Units (MSPP Purchased Award) settled on August 11, 2026
MSPP Matching Award RSUs exercised
194 shares
Restricted Stock Units (MSPP Matching Award) vested and settled August 11, 2026
Total derivative shares exercised
388 shares
Exercise or conversion of derivative securities reported in transaction summary
Shares delivered/withheld for obligations
196.621 shares
Code F transaction for payment of exercise price or tax liability
Per-share value for Code F transaction
$334.43 per share
Fair market value of Intuit common stock on trading day preceding transaction
Conversion ratio of RSUs
1-for-1
Each restricted stock unit converts into one share of common stock
Key Terms
Restricted stock units, management stock purchase program (MSPP), Exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering or withholding securities
4 terms
Restricted stock units financial
"Restricted stock units (MSPP Purchased Award) are fully vested upon grant"
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.
management stock purchase program (MSPP) financial
"awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation"
Exercise or conversion of derivative security financial
"transaction code M described as Exercise or conversion of derivative security"
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction code F described as Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What did Intuit (INTU) EVP Anton Hanebrink report in this Form 4?
Anton Hanebrink reported exercising two restricted stock unit awards, each for 194 Intuit common shares, and a related disposition of 196.621 shares for payment of exercise price or tax liability.
What happened to the Intuit (INTU) MSPP Purchased Award RSUs?
The MSPP Purchased Award covered 194 restricted stock units that convert 1-for-1 into Intuit common stock. These units were fully vested and settled on August 11, 2026, leaving 0 units from this award after settlement.
What is the MSPP Matching Award reported for Intuit (INTU)?
The MSPP Matching Award granted Hanebrink 194 restricted stock units in connection with voluntary participation in a management stock purchase program. These RSUs vested and settled into 194 common shares on August 11, 2026.
What is the conversion ratio for Hanebrink’s Intuit (INTU) RSUs?
The reported restricted stock units convert into Intuit common stock on a 1-for-1 basis, meaning each restricted stock unit entitles the holder to receive one share of common stock upon settlement or vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
