Intuit (INTU) Director Richard L. Dalzell Receives RSU Award

What Happened
Richard L. Dalzell, a director of Intuit Inc. (INTU), received an award of 116 restricted stock units (RSUs) on July 24, 2026. The award is reported at an equivalent per-share value of $275.62, for a total reported value of $31,972. This transaction is an award/acquisition of a derivative security (RSUs) — a routine form of director compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-24; Form 4 filed: 2026-07-28.
• Award: 116 RSUs at $275.62 per share; total value reported $31,972.
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F4: RSUs awarded pursuant to the reporting person’s election to receive director fees in RSUs; valuation uses the 30‑day average closing price prior to the grant.
  • F1: 1-for-1 (standard share-for-unit conversion); F2/F3: references to vesting and release dates; RSUs do not expire and either vest or are canceled prior to vesting date.
• Transaction type code: A (award/grant of derivative security).

Context

• Restricted stock units are a form of deferred compensation — they represent a right to receive shares (or the cash value) if/when they vest. This award is generally a routine compensation event for a director and should not be interpreted as a market-purchase signal.
• No indication in the filing of immediate sale, exercise, 10b5-1 plan, or tax-withholding sale; the RSUs will follow the issuer’s vesting/release schedule noted in the footnotes.