Hanebrink Anton 4
4 · INTUIT INC. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Intuit EVP Anton Hanebrink Exercises RSUs; 418 Shares Withheld
What Happened
Anton Hanebrink, EVP, Corporate Strategy & Development at Intuit (INTU), had restricted stock units (derivative awards) convert/vest on April 1, 2026. A total of 824 shares were converted (348 + 252 + 224) at $0 per share (no exercise price). To cover tax withholding, 418.253 shares were surrendered/withheld at an implied fair market value of $432.38 per share, generating proceeds of $180,844. After withholding, Hanebrink received a net ~405.747 shares.
Key Details
- Transaction date: 2026-04-01 (Form 4 filed 2026-04-03 — appears timely).
- Converted shares: 824 shares (348, 252, and 224 tranches) at $0 (conversion of RSUs / derivative).
- Tax withholding/disposition: 418.253 shares withheld at $432.38 per share, total $180,844.
- Net shares retained from this vesting: 824 − 418.253 = 405.747 shares (≈406 shares).
- Footnotes: F1 notes 38.384 shares acquired 3/15/2026 via the Intuit ESPP; F2 = fair market value used; F4 indicates this was a vesting date for this RSU tranche; F5 clarifies RSUs vest or are canceled (do not expire).
- Filing timeliness: No late filing indicated (transaction 4/1; filed 4/3).
Context
- These transactions are conversions of RSUs (derivative-to-common stock conversion) with routine tax withholding — not an open-market sale or purchase. The withholding is standard to satisfy tax obligations and does not necessarily indicate a bearish or bullish view.
- For retail investors, RSU vesting increases insider ownership when shares are retained; here Hanebrink retained ~406 shares after withholding.
Insider Transaction Report
Form 4
INTUIT INC.INTU
Hanebrink Anton
EVP, Corp Strategy and Dev
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-01+348→ 29,953.249 total - Exercise/Conversion
Common Stock
2026-04-01+252→ 30,205.249 total - Exercise/Conversion
Common Stock
2026-04-01+224→ 30,429.249 total - Tax Payment
Common Stock
[F2]2026-04-01$432.38/sh−418.253$180,844→ 30,010.996 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-04-01−348→ 349 totalFrom: 2026-04-01→ Common Stock (348 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-04-01−252→ 1,259 totalFrom: 2026-04-01→ Common Stock (252 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-04-01−224→ 2,021 totalFrom: 2026-04-01→ Common Stock (224 underlying)
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.
Signature
/s/ Erick Rivero, by power-of-attorney|2026-04-03