Intuit EVP reports RSU vesting and tax withholding
INTUIT INC. executive vice president Anton Hanebrink reported routine equity compensation activity involving restricted stock units and related tax withholding.
Rhea-AI Filing Summary
INTUIT INC. executive vice president Anton Hanebrink reported routine equity compensation activity involving restricted stock units and related tax withholding. On 2026-07-01, several tranches of restricted stock units were converted into common stock on a 1-for-1 basis, consistent with the footnote disclosure.
In total, 1,587 restricted stock units were exercised into common shares, while 791.121 shares of common stock were withheld at a fair market value of $261.00 per share to cover tax obligations. Following the tax-withholding transaction, Hanebrink held 30,806.875 shares of Intuit common stock directly, with no remaining restricted stock units shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,587 shares exercised/converted
Exercise
9 txns
Insider
Hanebrink Anton
Role
EVP, Corp Strategy and Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 349 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 252 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 225 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 761 | $0.00 | $0.00 |
| Exercise | Common Stock | 349 | $0.00 | $0.00 |
| Exercise | Common Stock | 252 | $0.00 | $0.00 |
| Exercise | Common Stock | 225 | $0.00 | $0.00 |
| Exercise | Common Stock | 761 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 791.121 | $261.00 | $206K |
Holdings After Transaction:
Restricted Stock Units — 5,083 contracts (Direct);
Common Stock — 30,806.875 shares (Direct)
Footnotes (4)
- 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. Represents vesting date for this tranche of restricted stock units.
- F4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Key Figures
RSUs exercised: 1,587 units
Shares withheld for taxes: 791.121 shares
Tax withholding price: $261.00 per share
+1 more
4 metrics
RSUs exercised
1,587 units
Restricted stock units converted 1-for-1 into common stock on 2026-07-01
Shares withheld for taxes
791.121 shares
Common stock withheld to satisfy tax liability on 2026-07-01
Tax withholding price
$261.00 per share
Fair market value on trading day before the reported transaction
Direct holdings after tax withholding
30,806.875 shares
Common stock directly held following tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, fair market value
4 terms
Restricted Stock Units financial
"Represents vesting date for this tranche of 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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
fair market value financial
"Fair market value of Intuit Inc. common stock on the trading day immediately preceding"
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
What did Intuit (INTU) EVP Anton Hanebrink report in this Form 4?
Anton Hanebrink reported routine equity compensation activity. Restricted stock units vested and converted into common shares, and some shares were withheld to cover taxes. The filing shows updated direct common stock holdings after these compensation-related transactions.
How many Intuit (INTU) restricted stock units vested for Anton Hanebrink?
A total of 1,587 restricted stock units vested and were converted into Intuit common stock. The units converted on a 1-for-1 basis, meaning each unit became one share, as described in the footnotes to the Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
