Intuit CFO reports RSU vesting and tax withholding
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Form Type
4
Rhea-AI Filing Summary
INTUIT INC. EVP and CFO Sandeep Aujla reported routine equity compensation activity. On July 1, 2026, restricted stock units vested into 1,857 shares of common stock. To cover tax obligations, 953.571 shares were withheld at a fair market value of $261 per share.
The transactions reflect derivative exercises and a tax-withholding disposition, with no open-market purchases or sales. Aujla continues to hold a direct equity stake in Intuit following these compensation-related events.
Insider Trade Summary
1,857 shares exercised/converted
Exercise
7 txns
Insider
Aujla Sandeep
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 346 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 350 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,161 | $0.00 | $0.00 |
| Exercise | Common Stock | 346 | $0.00 | $0.00 |
| Exercise | Common Stock | 350 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,161 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 953.571 | $261.00 | $249K |
Holdings After Transaction:
Restricted Stock Units — 7,659 contracts (Direct);
Common Stock — 3,112.2036 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
RSU shares vested: 1,857 shares
Shares withheld for taxes: 953.571 shares
Fair market value per share: $261.00 per share
+2 more
5 metrics
RSU shares vested
1,857 shares
Restricted stock units converted to common stock on July 1, 2026
Shares withheld for taxes
953.571 shares
Tax-withholding disposition at vesting on July 1, 2026
Fair market value per share
$261.00 per share
Used to value tax-withholding shares (footnote F1)
Derivative exercises
3 transactions, 1,857 shares
Exercise or conversion of derivative securities (codes M)
Tax-withholding transactions
1 transaction, 953.571 shares
Code F, payment of tax liability by delivering securities
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, fair market value, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with 1-for-1 conversion to common stock"
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" for 953.571 shares"
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 exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for RSU vesting"
fair market value financial
"footnote: "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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did INTUIT INC. (INTU) CFO Sandeep Aujla report?
Sandeep Aujla reported vesting of restricted stock units into 1,857 common shares and a related tax-withholding disposition of 953.571 shares. These actions are compensation-related, involving derivative exercises and share withholding, not open-market buying or selling.
What types of securities were involved in Sandeep Aujla’s INTU Form 4 filing?
The filing involves restricted stock units and the underlying Intuit common stock. RSUs were converted into 1,857 common shares, and 953.571 of those shares were withheld to satisfy tax liabilities at a stated fair market value per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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