Intuit (INTU) director Szkutak reports new RSUs and stock from vesting
Rhea-AI Filing Summary
Intuit Inc. director Thomas J. Szkutak reported equity compensation activity involving restricted stock units (RSUs) and common stock. On 01/22/2026, RSUs covering 694 shares of common stock at an exercise price of $0 and RSUs covering 67 shares at $374.85 were converted (code M) into the same number of Intuit common shares. Following these conversions, he directly held 5,609 shares of common stock.
On 01/23/2026, he received new RSU awards (code A) for 497 shares at a conversion ratio of 1-for-1 and an additional 61 RSUs with a grant fair market value of $563.965 per share, both reported as held directly. Footnotes explain that certain dates shown are RSU vesting and release dates, and that the per-share values reflect the fair market value of Intuit common stock on the grant dates, in part pursuant to his election to receive director fees in RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 497 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 61 | $563.965 | $34K |
| Exercise | Restricted Stock Units | 694 | $0.00 | -- |
| Exercise | Restricted Stock Units | 67 | $374.85 | $25K |
| Exercise | Common Stock | 694 | $0.00 | -- |
| Exercise | Common Stock | 67 | $374.85 | $25K |
Footnotes (1)
- 1-for-1 Represents vesting date for these restricted stock units. Represents release date for these vested restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. 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.
FAQ
What insider activity did INTU director Thomas J. Szkutak report on this Form 4?
Director Thomas J. Szkutak reported the conversion of restricted stock units (RSUs) into Intuit Inc. common stock on 01/22/2026 and the grant of new RSUs on 01/23/2026, all held directly.
What RSU conversions did the Intuit (INTU) Form 4 show on January 22, 2026?
The filing shows RSUs for 694 shares with an exercise price of $0 and RSUs for 67 shares with an exercise price of $374.85 were converted (code M) into the same number of Intuit common shares on 01/22/2026.
What new restricted stock unit grants did Intuit (INTU) report for its director on January 23, 2026?
On 01/23/2026, the director received RSU grants (code A) for 497 shares at a 1-for-1 conversion ratio and 61 RSUs with a grant fair market value of $563.965 per share, both tied to Intuit common stock.
How are vesting and release dates for Intuit (INTU) director RSUs described in the Form 4 footnotes?
Footnotes state that certain dates shown are the vesting dates for the RSUs and the release dates for vested RSUs, and clarify that RSUs do not expire but either vest or are canceled before vesting.
What does the Form 4 say about Intuit (INTU) director fees and RSU awards?
A footnote explains that one RSU award reflects the fair market value of Intuit common stock on the grant date and was granted pursuant to the director’s election to receive payment of director’s fees in RSUs.