[Form 4] Intuit Inc Insider Trading Activity
Anton Hanebrink, Executive Vice President of Corporate Strategy and Development at Intuit Inc. (INTU), reported two grants of restricted stock units on 08/08/2025. The filing shows 146 restricted stock units under a "MSPP Purchased Award" that are fully vested upon grant but settle upon the earlier of termination or three years from grant (noted settlement date 08/08/2028). The filing also shows 146 restricted stock units as a "MSPP Matching Award" granted in connection with voluntary participation in a management stock purchase program, with a vesting/settlement date of 08/08/2028 and a reported price of $0 for the matching award.
The reported post-transaction ownership for each award is 146 shares and both are held directly. The Form 4 was signed by a power-of-attorney on 08/12/2025.
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Insights
TL;DR Routine executive compensation grants reported: 292 RSUs total (146 purchased, 146 matching), with standard vest/settlement terms.
The filing documents non-derivative restricted stock unit grants to an executive, reflecting participation in Intuit's management stock purchase program. The purchased award is noted as fully vested at grant but subject to settlement timing, which delays receipt until termination or three years from grant. The matching award carries a $0 reported price, consistent with employer matching. Both awards are reported as directly owned and equal in quantity (146 each), indicating nominal, routine compensation-related insider activity rather than transactional market trades.
TL;DR Disclosure aligns with standard Section 16 reporting for employee equity grants; no unusual terms or expirations disclosed.
The Form 4 provides required transparency on timing and nature of grants: explicit vesting/settlement dates and the note that RSUs do not expire but may be canceled prior to vesting. The presence of a power-of-attorney signature is documented. These elements conform to routine governance and insider reporting expectations and do not, on their face, indicate governance concerns.