Burton Eve B 4

What Happened
Eve B. Burton, a director of Intuit Inc. (INTU), was granted 70 restricted stock units (RSUs) on May 8, 2026. The award is reported as a derivative grant (transaction code A) with a fair market value of $396.31 per share, for a total grant value of about $27,742. This was an equity award issued in lieu of director fees — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Grant type: Restricted Stock Units (derivative).
• Price / fair market value on grant: $396.31 per share; Total value: ~$27,742.
• Shares granted: 70 RSUs (1-for-1 conversion to common shares on release) — see footnote F1.
• Vesting / release: Footnotes indicate vesting and release dates apply (F2, F3); RSUs do not expire and will either vest or be canceled prior to vesting.
• Award reason: Election to receive director fees in RSUs (F4).
• Shares owned after transaction: Not specified in this filing.
• Filing: Report filed 2026-05-11 covering the May 8 grant (not identified as late in the filing).

Context
RSUs are a form of compensation: they represent a promise to issue common shares upon vesting or release rather than an immediate purchase or sale of stock. Such director-fee elections are routine compensation actions and do not, by themselves, indicate a positive or negative view of the company by the director.