Intuit executive exercises 1,859 performance RSUs
Intuit’s EVP and General Counsel settled a performance-based RSU award, with shares withheld at $359.30 per share to cover exercise price or tax liability.
Sentiment and the balance of points
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Rhea-AI Filing Summary
INTUIT INC. (INTU) reported that executive officer Tyler Ralph Cozzens exercised performance-based restricted stock units into 1,859 shares of common stock on September 1, 2026, and delivered or had withheld 767.585 shares of common stock, valued at $359.30 per share, for payment of exercise price or tax liability. The vested units derived from a July 27, 2023 grant tied to total shareholder return objectives, and no Rule 10b5-1 trading plan is indicated.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (performance-based vesting) F2, F3, F4, F5 | 1,859 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,859 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F1 | 767.585 | $359.30 | $276K |
Footnotes (5)
- 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 the outstanding awarded and vested units pursuant to the restricted stock units (performance-based vesting) grant dated 7/27/2023 related to achievement of certain total shareholder return objectives.
- F4. Represents release date for vested restricted stock units (performance-based vesting) granted on 7/27/2023.
- F5. Restricted stock units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
performance-based vesting financial
tax liability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did INTU executive Tyler Ralph Cozzens report on this Form 4?
How many Intuit (INTU) RSUs vested for Tyler Ralph Cozzens?
Was Tyler Ralph Cozzens’ INTU Form 4 transaction under a Rule 10b5-1 plan?
What were the performance conditions on the vested INTU RSUs for Tyler Ralph Cozzens?
How many derivative securities remain after these INTU transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.