DALZELL RICHARD L 4

What Happened

• Richard L. Dalzell, a director of Intuit Inc., exercised derivative awards for 77 shares on 2026-05-07 (transaction code M) and those 77 shares were also reported as disposed the same day (derivative disposition). The exercise transaction is reported at $401.04 per share (total $30,880).
• On 2026-05-08 he was granted/awarded 81 restricted stock units (RSUs) at a fair market value of $396.31 per share, reported total $32,101. The RSU award was made pursuant to his election to receive director fees in the form of RSUs.

Key Details

• Transaction dates and prices:
  • 2026-05-07: Exercised 77 option shares at $401.04 (acquired $30,880) and 77 shares reported disposed same day (derivative, $30,880).
  • 2026-05-08: Grant/award of 81 RSUs at $396.31 (value $32,101).
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes from the filing:
  • F1: 1-for-1 (conversion/exchange rate).
  • F2: Indicates the vesting date for these RSUs.
  • F3: Indicates the release date; RSUs do not expire and either vest or are canceled prior to vesting.
  • F4: $396.31 is the fair market value on the grant date; award resulted from the reporting person's election to receive director fees as RSUs.
• Filing timeliness: No late-filing flag is indicated in the material provided.

Context

• The filing shows an exercise of derivative awards followed by a same-day disposition of those 77 shares, meaning the exercised shares were not retained per this report (commonly used to cover exercise costs or tax withholding, though motives are not stated here).
• The 81 RSUs are an outright award (acquisition) tied to director compensation and will vest/release per the specified dates in the footnotes; RSU awards are an acquisition but do not necessarily indicate ongoing buying interest.