INTU Insider Filing: Anton Hanebrink MSPP Awards and Share Disposition
Rhea-AI Filing Summary
Anton Hanebrink, EVP, Corporate Strategy and Development at Intuit Inc. (INTU), reported changes in his beneficial ownership on 08/12/2025. The filing shows purchases through the company's management stock purchase program (MSPP): a MSPP Purchased Award and an MSPP Matching Award, both reported as restricted stock units issued on 08/12/2025 that are 1-for-1 settled into common stock. The reporting person disposed of 203.714 shares at a reported price of $706.09, leaving total beneficial ownership shown near 23,597.234 shares. The MSPP Purchased Award is fully vested at grant but settles on earlier of termination or three years from grant.
Positive
- Participation in MSPP: Reporting person was awarded both a MSPP Purchased Award and an MSPP Matching Award on 08/12/2025.
- Vesting clarity: MSPP Purchased Award is stated as fully vested upon grant (settlement on termination or three years), which clarifies timing of share conversion.
Negative
- Disposition recorded: Reporting person disposed of 203.714 shares on 08/12/2025 at a reported price of $706.09, reducing beneficial ownership to 23,597.234 shares.
Insights
TL;DR: Routine insider activity: MSPP participation and a small disposition; not clearly material to valuation.
The filing documents standard employee equity activity: issuance of restricted stock units through Intuit's MSPP and a disposal of 203.714 shares at $706.09. The purchased award is described as fully vested upon grant with settlement conditions, and the matching award vests/settles per program rules. Changes appear administrative and compensation-related rather than a signal of corporate events. No additional financial performance or guidance data is included.
TL;DR: Compliance disclosure of executive equity transactions consistent with Section 16 reporting obligations.
The Form 4 was filed by one reporting person and signed via power-of-attorney. It identifies the reporting person's role and the nature of awards (MSPP purchased and matching restricted stock units), including explicit settlement and vesting language. The disclosure meets procedural requirements and clarifies the nature and timing of the awards and the single reported disposition. There is no indication of unusual or off-cycle transactions beyond the MSPP activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (MSPP Purchased Award) | 201 | $486.66 | $98K |
| Exercise | Restricted Stock Units (MSPP Matching Award) | 201 | $0.00 | -- |
| Exercise | Common Stock | 201 | $0.00 | -- |
| Exercise | Common Stock | 201 | $0.00 | -- |
| Tax Withholding | Common Stock | 203.714 | $706.09 | $144K |
Footnotes (1)
- Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction. 1-for-1 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. 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. Represents vesting and settlement date for restricted stock units (MSPP Matching Award). Restricted stock units do not expire; they either vest or are canceled prior to vesting date. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).