Form 4: Intuit Director Acquires Restricted Stock Units
SEC Form 4 Filing
Director Deborah Liu acquired 41 restricted stock units of Intuit Inc. on May 9, 2025, electing to receive director's fees in this form.
Summary
- On May 9, 2025, Deborah Liu, a director of Intuit Inc., acquired 41 restricted stock units (RSUs).
- The RSUs were granted as payment for director's fees, based on the director's election.
- The fair market value of Intuit Inc. common stock on the grant date was $653.88.
- The RSUs vest on May 9, 2025, and are released on May 9, 2035.
- The reporting person directly owns the securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The transaction reflects a director's continued investment in the company, which is generally viewed favorably. The score is not higher because it's a routine transaction.
Positives
- The director's decision to receive fees in RSUs demonstrates confidence in the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the compensation practices for board members.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding director compensation.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of transaction and vesting date of restricted stock units |
| 05/09/2035 | Release date for the restricted stock units |
| 05/13/2025 | Date of signature on the Form 4 filing |
Keywords
restricted stock units, director, Intuit, Form 4, beneficial ownership, INTU, acquisition
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