Intuit CEO Goodarzi's trust acquires vested shares
Some vested units had a one year deferred release; specified releases were accelerated to accommodate tax withholding obligations.
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Form Type
4
Rhea-AI Filing Summary
Intuit Inc. (INTU) Chairman and CEO Sasan K. Goodarzi reported the release of four vested restricted stock unit tranches on October 1, 2026: 848.43 RSUs, 801.997 RSUs, 863.038 RSUs and 30.831 RSUs. Under the reported 1-for-1 terms, corresponding common shares were acquired by Goodarzi Rev Trust u/a dated May 18, 2012, of which Goodarzi is a trustee. The trust also had 1,258.102 common shares delivered or withheld for payment of exercise price or tax liability. The reported $275.71 per-share figure is the fair market value on the trading day immediately before the transaction.
Insider Trade Summary
2,544.296 shares exercised/converted
Exercise
9 txns
Insider
Goodarzi Sasan K
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4, F5, F6 | 848.43 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F7, F8, F6 | 801.997 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F9, F10, F6 | 863.038 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F11, F6 | 30.831 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 848.43 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 801.997 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 863.038 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 30.831 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2, F1 | 1,258.102 | $275.71 | $347K |
Holdings After Transaction:
Restricted Stock Units — 28,275.493 contracts (Direct);
Common Stock — 32,305.768 shares (Indirect, By Trust)
Footnotes (11)
- F1. Shares held in Goodarzi Rev Trust u/a Dtd 5/18/2012 of which reporting person is a trustee.
- F2. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
- F3. 1-for-1
- F4. Represents 848.43 vested restricted stock units which were subject to a one year deferred release.
- F5. Represents release date for these vested restricted stock units.
- F6. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F7. Represents 766.256 vested restricted stock units which were subject to a one year deferred release and 35.741 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 10/1/2026 but are subject to deferred release.
- F8. Represents release date for 766.256 vested restricted stock units and vesting and release date for 35.741 restricted stock units.
- F9. Represents 824.533 vested restricted stock units which were subject to a one year deferred release and 38.505 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 10/1/2026 but are subject to deferred release.
- F10. Represents release date for 824.533 vested restricted stock units and vesting and release date for 38.505 restricted stock units.
- F11. Represents vesting and release date for this portion of restricted stock units to accommodate tax withholding obligations in connection with vesting and deferred release of certain restricted stock units granted on 7/24/2025.
Key Figures
Restricted stock units released: 848.43 RSUs
Restricted stock units released: 801.997 RSUs
Restricted stock units released: 863.038 RSUs
+4 more
7 metrics
Restricted stock units released
848.43 RSUs
October 1, 2026
Restricted stock units released
801.997 RSUs
October 1, 2026
Restricted stock units released
863.038 RSUs
October 1, 2026
Restricted stock units released
30.831 RSUs
October 1, 2026
Shares delivered or withheld
1,258.102 shares
Goodarzi Rev Trust transaction on October 1, 2026
Fair market value
$275.71 per share
Common stock value on the trading day immediately before the October 1, 2026 transaction
Conversion ratio
1-for-1
Restricted stock units and common stock
Key Terms
restricted stock units, deferred release, tax withholding obligations, fair market value
4 terms
restricted stock units technical
"848.43 vested restricted stock units"
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.
deferred release technical
"subject to a one year deferred release"
tax withholding obligations financial
"to accommodate tax withholding obligations"
fair market value financial
"Fair market value of Intuit Inc. common stock"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why were some INTU restricted stock unit releases accelerated?
Some releases were accelerated to accommodate tax withholding obligations, including 35.741 RSUs within the 801.997 RSU amount and 38.505 RSUs within the 863.038 RSU amount. Both portions related to units that vested on October 1, 2026, but were subject to deferred release. A separate 30.831 RSU portion was released for tax withholding obligations tied to certain RSUs granted July 24, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
