Yuan Eric S. 4
Research Summary
AI-generated summary
Intuit Director Eric S. Yuan Receives 497 RSUs
What Happened Eric S. Yuan, a director of Intuit Inc. (INTU), was awarded 497 restricted stock units (RSUs) on January 23, 2026. The Form 4 reports the grant as an acquisition of 497 derivative shares at $0.00 per share (typical for RSU grants, which are not purchased). This is a grant/award transaction rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-23; Report filed: 2026-01-26 (Form 4 accession 0001628280-26-003473).
- Transaction type: Award/Grant of restricted stock units (code A on the filing).
- Shares/units granted: 497 RSUs; reported acquisition price: $0.00 (derivative security).
- Shares owned after transaction: Not specified in the excerpt provided.
- Notable footnotes from the filing:
- F1: 1-for-1 (RSUs convert to underlying shares on a one-for-one basis).
- F2: Indicates the vesting date for these RSUs.
- F3: Indicates the release date for vested RSUs; RSUs do not expire but vest or are canceled prior to vesting.
Context RSU grants are a common form of executive/director compensation and represent a future right to receive shares if and when the units vest—they are not an immediate cash purchase or sale. Because this is a grant (not a sale), it shouldn't be interpreted as a liquidity signal; it simply reflects compensation or board/director award.