Intuit director granted 70 restricted stock units
INTUIT INC. director Eve B. Burton received a grant of 70 restricted stock units as part of board compensation.
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Rhea-AI Filing Summary
INTUIT INC. director Eve B. Burton received a grant of 70 restricted stock units as part of board compensation. The award was valued at $396.31 per unit, based on the fair market value of Intuit common stock on the grant date, and represents her election to receive director’s fees in RSUs. Each unit converts 1-for-1 into common stock, with all 70 units outstanding after the transaction, and they will either vest or be canceled by the stated vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 70 | $396.31 | $28K |
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
director's fees financial
vesting date financial
release date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Intuit (INTU) director Eve B. Burton report in this Form 4?
How many Intuit (INTU) restricted stock units did Eve B. Burton receive?
What is the grant value of Eve B. Burton’s Intuit (INTU) RSUs?
How do Eve B. Burton’s Intuit (INTU) RSUs convert into common stock?
Are Eve B. Burton’s Intuit (INTU) RSUs part of a director fee arrangement?
Do Eve B. Burton’s Intuit (INTU) restricted stock units expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.