Intuit director granted 64 restricted stock units
Mawakana Tekedra reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Mawakana Tekedra reported acquisition or exercise transactions in this Form 4 filing.
INTUIT INC. director Tekedra Mawakana received a grant of 64 restricted stock units on May 8, 2026, as compensation for board service. The RSUs were valued at a fair market value of $396.31 per unit on the grant date.
Each RSU is convertible on a 1-for-1 basis into Intuit common stock, for 64 underlying shares when they vest. The filing notes a vesting date and a later release date for these units, and states that restricted stock units do not expire but either vest or are canceled before vesting.
Positive
- None.
Negative
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Insights
Routine RSU grant for Intuit director, not an open-market trade.
Director Tekedra Mawakana received 64 restricted stock units as part of her board compensation. The grant is based on the fair market value of Intuit common stock of $396.31 on May 8, 2026, and reflects an election to take director fees in equity.
These RSUs convert 1-for-1 into 64 shares of common stock upon vesting. The filing identifies both a vesting date and a later release date, and clarifies that RSUs do not expire; they either vest or are canceled. With only 64 units granted and no sales reported, this is a small, routine compensation event with neutral investment impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 64 | $396.31 | $25K |
Footnotes (4)
- F1. 1-for-1
- F2. Represents vesting date for these restricted stock units.
- F3. Represents release date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
- F4. 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.
Key Figures
Key Terms
Restricted Stock Units financial
fair market value financial
vesting date financial
release date financial
director's fees financial
FAQ
What insider transaction did Intuit (INTU) report for Tekedra Mawakana?
What price was used to value Tekedra Mawakana’s Intuit (INTU) RSU award?
Is Tekedra Mawakana’s Intuit (INTU) RSU grant a market purchase of stock?
What do the vesting and release dates mean for Intuit (INTU) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.