Intuit (INTU) EVP Anton Hanebrink Receives RSU Settlement; Shares Withheld

What Happened

• Anton Hanebrink, EVP, Corporate Strategy & Development at Intuit, had restricted stock units (reported as derivative conversions/exercises) settle on Aug 11, 2026. The filing shows 194 shares recorded at $497.77 each (total $96,567). To cover tax liability, 196.621 shares were withheld/used to pay taxes at $334.43 per share (total $65,756). Several entries at $0 reflect the conversion/settlement mechanics (no cash exercise price).

Key Details

• Transaction date: 2026-08-11; Form filed: 2026-08-13 (filed within normal Form 4 window).
• Primary codes: M = exercise/conversion of derivative (RSU settlement), F = payment of exercise price/tax liability (share withholding).
• Shares issued on settlement: 194 shares valued at $497.77 each (total $96,567).
• Shares withheld for taxes: 196.621 shares at $334.43 each (total $65,756).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes: these awards are MSPP (management stock purchase program) purchased/matching awards and RSUs either vest/settle per program rules (see F3–F7). F1 denotes the fair market value used.

Context

• This appears to be a routine RSU settlement with shares withheld to cover tax obligations (a common practice that is not an open‑market sale). The filing records the conversion/settlement of derivative awards and the tax-withholding disposition; it does not indicate an open-market sale or a separate purchase.