Form 4: Intuit Director Tekedra Mawakana Acquires Restricted Stock Units
SEC Form 4 Filing
Director Tekedra Mawakana reports acquisition of restricted stock units in Intuit Inc. on May 9, 2025.
Summary
- Tekedra Mawakana, a director at Intuit Inc., reported the acquisition of 39 restricted stock units on May 9, 2025.
- These restricted stock units were acquired as part of the director's fees, elected to be received in the form of restricted stock units.
- The fair market value of Intuit Inc. common stock on the grant date was $653.88.
- The restricted stock units vest on May 9, 2025, and are released on May 9, 2030.
- The reporting was filed on May 13, 2025, by Erick Rivero, by power-of-attorney.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects a standard transaction, with the director's acquisition of stock units suggesting confidence in the company.
Positives
- The acquisition of restricted stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It reflects standard compensation practices for directors.
Stakeholder Impact
- The acquisition of restricted stock units by a director can have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of transaction (acquisition of restricted stock units) and vesting date for the restricted stock units. |
| 05/09/2030 | Release date for the restricted stock units. |
| 05/13/2025 | Date the Form 4 was filed. |
Keywords
restricted stock units, director, Intuit, Form 4, acquisition, Mawakana, INTU
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