Intuit (NASDAQ: INTU) director granted 497 restricted stock units
Rhea-AI Filing Summary
Intuit Inc. director Vasant M. Prabhu reported an equity compensation grant in the form of 497 restricted stock units (RSUs) on January 23, 2026. These RSUs were acquired at a stated price of $0 as part of his compensation, and each unit is structured on a 1-for-1 basis into shares of Intuit common stock.
The RSUs are scheduled to vest on January 1, 2027, with the vested shares to be released on January 23, 2031, according to the disclosure. Following this grant, Prabhu beneficially owns 497 derivative securities in the form of RSUs, held directly.
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FAQ
What insider transaction did INTUIT INC. (INTU) report for Vasant M. Prabhu?
INTUIT INC. reported that director Vasant M. Prabhu received a grant of 497 restricted stock units (RSUs) on January 23, 2026 as equity compensation.
How many Intuit (INTU) restricted stock units were granted to the director?
The filing shows a grant of 497 restricted stock units to director Vasant M. Prabhu, each convertible into one share of Intuit common stock.
What are the vesting and release dates for the 497 Intuit (INTU) RSUs?
The 497 RSUs are scheduled to vest on January 1, 2027, and the vested shares are scheduled to be released on January 23, 2031, as described in the footnotes.
Did Vasant M. Prabhu buy or sell Intuit (INTU) shares in this Form 4?
No open-market purchase or sale was reported. The Form 4 reflects an acquisition (Code A) of 497 RSUs as compensation, with a stated price of $0 per unit.
How many Intuit (INTU) derivative securities does the director own after this transaction?
After the reported grant, 497 derivative securities in the form of restricted stock units are shown as beneficially owned directly by Vasant M. Prabhu.
What does 1-for-1 mean for the Intuit (INTU) restricted stock units?
The filing explains a 1-for-1 structure, meaning each restricted stock unit corresponds to one share of Intuit common stock upon settlement, subject to vesting.