[Form 4] INTUIT INC. Insider Trading Activity
INTUIT INC. executive Caryl Lyn Hilliard, EVP, People and Places, exercised restricted stock units into common stock as part of equity compensation.
Rhea-AI Filing Summary
INTUIT INC. executive Caryl Lyn Hilliard, EVP, People and Places, exercised restricted stock units into common stock as part of equity compensation. On April 1, 2026, she converted a total of 469 restricted stock units into the same number of Intuit common shares at a conversion price of $0.00 per share.
Following these transactions and related plan activity, she held 23,152.915 shares of Intuit common stock directly, which includes 38.384 shares acquired on March 15, 2026 through the Intuit Employee Stock Purchase Plan. To cover tax obligations, 212.093 shares were disposed of at a fair market value of $432.38 per share via tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
469 shares exercised/converted
Exercise
9 txns
Insider
Hilliard Caryl Lyn
Role
EVP, People and Places
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 122 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 110 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 87 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 150 | $0.00 | $0.00 |
| Exercise | Common Stock | 122 | $0.00 | $0.00 |
| Exercise | Common Stock | 110 | $0.00 | $0.00 |
| Exercise | Common Stock | 87 | $0.00 | $0.00 |
| Exercise | Common Stock | 150 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 212.093 | $432.38 | $92K |
Holdings After Transaction:
Restricted Stock Units — 3,410 contracts (Direct);
Common Stock — 23,152.915 shares (Direct)
Footnotes (5)
- F1. Includes 38.384 shares acquired by the reporting person on 3/15/2026 through the Intuit Inc. Employee Stock Purchase Plan.
- F2. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
- F3. 1-for-1
- F4. Represents vesting date for this tranche of restricted stock units.
- F5. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Key Figures
RSUs converted: 469 restricted stock units
Post-transaction holdings: 23,152.915 shares
Tax-withheld shares: 212.093 shares
+3 more
6 metrics
RSUs converted
469 restricted stock units
Exercised into common stock on April 1, 2026
Post-transaction holdings
23,152.915 shares
Direct Intuit common stock held after April 1, 2026 transactions
Tax-withheld shares
212.093 shares
Shares delivered for tax at $432.38 per share
Fair market value
$432.38 per share
Fair market value used for tax-withholding disposition
ESPP shares
38.384 shares
Acquired March 15, 2026 via Employee Stock Purchase Plan
Conversion price
$0.00 per share
RSU-to-common-stock conversion price on April 1, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, Employee Stock Purchase Plan, vesting date, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and underlying security is 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 F-code transaction"
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.
Employee Stock Purchase Plan financial
"acquired by the reporting person on 3/15/2026 through the Intuit Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
vesting date financial
"Represents vesting date for this tranche of restricted stock units."
Fair market value financial
"Fair market value of Intuit Inc. common stock on the trading day immediately preceding"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Intuit (INTU) executive Caryl Lyn Hilliard report in this Form 4?
Caryl Lyn Hilliard reported exercising restricted stock units into Intuit common shares. She converted 469 restricted stock units on April 1, 2026, and now directly holds 23,152.915 Intuit shares, reflecting routine equity compensation activity rather than an open-market stock purchase or sale.
What does the tax-withholding disposition mean in this Intuit (INTU) filing?
The tax-withholding disposition means 212.093 Intuit shares were surrendered at $432.38 per share to cover taxes on the vested equity. This is a mechanical step when restricted stock units vest, and does not indicate an open-market sell decision by the executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.
