Intuit Inc. Director Richard Dalzell Converts 52 Restricted Stock Units into Common Stock

Executive Summary

On October 23, 2026, Richard L. Dalzell, a member of the Board of Directors at Intuit Inc. ($INTU), filed a Form 4 disclosing the settlement of 52 Restricted Stock Units (RSUs) into Common Stock on October 22, 2026.

Transaction Details

• Transaction Code: M (Exercise or conversion of derivative security exempted under Rule 16b-3).
• Securities Acquired: 52 shares of Common Stock at $0 per share.
• Derivative Security Disposed: 52 Restricted Stock Units converted on a 1-for-1 basis.
• Grant Context: The RSUs were originally granted in lieu of cash director fees at a grant-date fair market value of $590.80 per share, with vesting and release scheduled through October 22, 2026.
• Post-Transaction Holdings: Direct beneficial ownership of 11,583 shares of Intuit Common Stock.

Market Impact & Significance

This filing represents a routine, non-discretionary equity vesting and conversion resulting from the reporting person's prior election to receive director fees in stock units. There were no open-market purchases or sales associated with this transaction. As such, the transaction carries Low trading significance and does not reflect a change in insider sentiment.