Intuit (INTU) director receives 64 RSUs instead of cash fees

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.

Insights

Equity compensation analyst

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

1 transaction reported

Mixed 1 txn

Insider Mawakana Tekedra

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	64	$396.31	$25K

Holdings After Transaction: Restricted Stock Units — 64 shares (Direct, null)

Footnotes (1)

1. 1-for-1 Represents vesting date for these restricted stock units. Represents release date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. 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

RSUs granted: 64 units Fair market value per share: $396.31 Underlying common shares: 64 shares +3 more

6 metrics

RSUs granted 64 units Restricted stock units granted to director on May 8, 2026

Fair market value per share $396.31 Value of Intuit common stock on RSU grant date

Underlying common shares 64 shares 1-for-1 conversion of RSUs into Intuit common stock

Exercise/vest date May 8, 2026 Reported as exercise date for these restricted stock units

Release date May 8, 2036 Reported as release date for these restricted stock units

Post-transaction RSU holdings 64 units Total restricted stock units held after this grant

Key Terms

Restricted Stock Units, fair market value, vesting date, release date, +1 more

5 terms

Restricted Stock Units financial

"security_title: 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.

fair market value financial

"Fair market value of Intuit Inc. common stock on date of grant"

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.

vesting date financial

"Represents vesting date for these restricted stock units."

release date financial

"Represents release date for these restricted stock units."

director's fees financial

"award pursuant to reporting person's election to receive payment of director's fees"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mawakana Tekedra

(Last) (First) (Middle)

C/O INTUIT INC.

2700 COAST AVENUE

(Street)

MOUNTAIN VIEW CALIFORNIA 94043

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/08/2026		A		64		05/08/2026(2)	05/08/2036(3)	Common Stock	64	$396.31(4)	64	D

Explanation of Responses:

1. 1-for-1

2. Represents vesting date for these restricted stock units.

3. Represents release date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.

4. 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.

Remarks:

	/s/ Erick Rivero, by power-of-attorney	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Intuit (INTU) report for Tekedra Mawakana?

Intuit reported that director Tekedra Mawakana received a grant of 64 restricted stock units on May 8, 2026. These RSUs are part of her director compensation and will convert into Intuit common stock when they vest, rather than representing an open-market purchase or sale.

How many Intuit (INTU) shares are tied to Tekedra Mawakana’s RSU grant?

The grant covers 64 restricted stock units, each exchangeable on a 1-for-1 basis into Intuit common stock. This means the award represents 64 underlying shares, which will be delivered only if and when the RSUs vest under the plan’s terms.

What price was used to value Tekedra Mawakana’s Intuit (INTU) RSU award?

The RSUs were valued using a fair market value of $396.31 per share of Intuit common stock on the grant date. This figure is used to translate the reporting person’s elected director’s fees into an equivalent number of restricted stock units.

Is Tekedra Mawakana’s Intuit (INTU) RSU grant a market purchase of stock?

No, the Form 4 shows a grant of restricted stock units as compensation, not a market purchase. The award results from her election to receive director’s fees in RSUs, which will convert into common shares only if vesting conditions are satisfied.

What do the vesting and release dates mean for Intuit (INTU) RSUs?

The vesting date is when the RSUs become earned and no longer subject to forfeiture. The filing also notes a separate release date, when shares are actually delivered. It clarifies that RSUs do not expire but either vest or are canceled before vesting.