NORA JOHNSON SUZANNE M 4
Research Summary
AI-generated summary
Intuit (INTU) Director Nora Johnson Exercises and Disposes 3,419 RSUs
What Happened
Nora Johnson (Director) reported exercising/converting derivative awards that resulted in the acquisition of 3,419 shares and the same-day disposition of 3,419 shares. The filing lists six lots (694, 663, 880, 563, 586, 33 shares) acquired and immediately disposed on 2026-01-22. Each line is reported at $0.00 per share (total $0.00) in the Form 4.
Key Details
- Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (timely filing).
- Transaction codes: M = exercise/conversion of a derivative; corresponding disposals reported the same day.
- Shares involved: 6 lots totaling 3,419 shares acquired and 3,419 shares disposed. Reported price per share: $0.00 (filing shows $0 total).
- Shares owned after transaction: not specified in the provided summary.
- Footnotes of note: F3 = represents vesting date for these restricted stock units; F4 = represents release date for these vested RSUs; F1 = some shares are held in a trust of which the reporting person is trustee; F2 = 1-for-1.
- Filing timeliness: filed Jan 26 for Jan 22 activity; considered timely (within the standard Form 4 reporting window).
Context
The M-code and accompanying footnotes indicate these were restricted stock units (RSUs) that vested/converted into shares. The immediate, same-day disposition of the acquired shares is commonly used to satisfy tax-withholding or to execute a sell-to-cover, which results in a net-zero cash change reported on the Form 4. Such routine vested-RSU settlements and related disposals are typical for executives and directors and do not alone signal a change in company outlook.