INTUIT INC.·4

Jul 27, 6:50 PM ET

Hanebrink Anton 4

Research Summary

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Intuit EVP Anton Hanebrink Receives RSU Awards

What Happened
Anton Hanebrink, Executive Vice President, Corporate Strategy & Development at Intuit (INTU), was granted two restricted stock unit (RSU) awards totaling 31,504 units (17,209 and 14,295) on July 23, 2026. The grants are reported as awards (code A) with a reported acquisition price of $0 — these are derivative awards that will convert into Intuit common shares if and when they vest; no cash was paid by the insider at grant.

Key Details

  • Transaction date: July 23, 2026; Form 4 filed July 27, 2026 (timely filing).
  • Award amounts: 17,209 RSUs and 14,295 RSUs (total 31,504 units). Price reported: $0 (grant).
  • Shares owned after transaction: Not disclosed on the filing.
  • Footnotes of note:
    • Dividend equivalents accrue on the underlying shares and will be paid in cash when the RSUs vest. (F1)
    • Units convert 1-for-1 to common shares on settlement. (F2)
    • One award follows a time-based vesting schedule: 25% vests on July 1, 2027, then 6.25% vests each Oct 1, Dec 31, Apr 1 and July 1 thereafter until fully vested. RSUs do not expire; they vest or are cancelled prior to vesting. (F3, F4)
    • The other award is performance-based: the target units shown may pay out at 0–200% depending on total shareholder return goals, with vesting/payment on September 1, 2029 if performance conditions are met; vested RSUs are settled in shares. (F5, F6)

Context
RSU grants are common executive compensation — they do not represent an immediate cash transaction or open-market purchase/sale. The economic value to the insider will be realized only if (and when) the RSUs vest (and, for the performance award, if performance targets are met). Dividend equivalents are paid in cash upon vesting rather than as current cash dividends. This filing is a standard award disclosure and was filed within the SEC’s Form 4 deadline.