Burton Eve B 4
Research Summary
AI-generated summary
Intuit (INTU) Director Burton Eve B Receives RSU Award
What Happened
Burton Eve B, a director of Intuit Inc. (INTU), was granted restricted stock units (RSUs) on January 23, 2026. The Form 4 shows two derivative entries: 49 RSUs vested and were released at a fair market value of $563.97 each (total value $27,634), and 497 RSUs were granted as unvested awards (no immediate cash value). These transactions are awards/compensation (code A) rather than market purchases or sales.
Key Details
- Transaction date: 2026-01-23 (reported on Form 4 filed 2026-01-26). Filing appears timely.
- Awards: 497 RSUs granted (no immediate price reported); 49 RSUs vested/released at $563.97 each = $27,634.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes (summarized): F1 = 1-for-1; F2 = vesting date; F3 = release date; F4 = FMV on grant date and award was elected in lieu of director fees. RSUs do not expire; they either vest or are canceled prior to vesting.
Context
These entries represent director compensation (receipt of RSUs) rather than a purchase or sale. The 49 RSUs reflect vested units converted to shares (realized value noted); the 497 RSUs are unvested awards that will only convert to shares if/when they vest per the plan terms. This is routine compensation reporting and does not, by itself, indicate a buy or sell signal.