Hanebrink Anton 4

What Happened

• Anton Hanebrink, EVP, Corporate Strategy & Development at Intuit, had 1,587 restricted stock units (RSUs) convert to common shares on July 1, 2026. The shares were valued at $261.00 each (fair market value per footnote), for a gross value of about $414,207. To cover tax withholding, 791.121 shares were withheld (disposed) at $261/share for $206,483, leaving Hanebrink with approximately 795.879 shares (about 796 shares) worth roughly $207,724 net. The filing shows conversion/vesting (transaction code M) and tax withholding (code F).

Key Details

• Transaction date: July 1, 2026. Fair market value used: $261.00/share (footnote F1).
• Shares vested/converted: 349, 252, 225, and 761 share tranches (total 1,587).
• Tax withholding: 791.121 shares withheld (disposed) at $261 = $206,483.
• Net shares retained after withholding: ~795.879 shares (approx. 796).
• Filing date: July 6, 2026, reporting the July 1 transactions.
• Footnotes: F3 indicates these were RSU vesting dates; F4 notes RSUs do not expire; F1 is FMV used for valuation/tax withholding.
• Transaction codes: M = conversion/exercise of derivative (here RSU vesting); F = payment of exercise price or tax liability (net share settlement).

Context

• This was a routine compensation/vesting event (RSUs converting to shares), not an open-market purchase or sale. The withholding of shares to satisfy taxes is a common net-share settlement (cashless) method and does not by itself indicate a buy or sell decision by the insider.