Intuit Inc. Chairman and CEO Sasan K. Goodarzi filed a Form 4 on September 3, 2026, reporting the vesting of performance-based restricted stock units and a same-day disposition of shares to cover tax obligations, both transactions dated September 1, 2026.

Key Highlights

  • RSU vesting: 26,188.536 performance-based restricted stock units, originally granted on July 28, 2022, vested and were converted to common stock on September 1, 2026 at a conversion price of $0.
  • Shares disposed: 12,377.444 shares of common stock were disposed of (transaction code F) at a price of $359.30 per share on September 1, 2026.
  • Post-transaction ownership: Following both transactions, Goodarzi beneficially owned 31,019.574 shares of common stock indirectly through the Goodarzi Rev Trust u/a Dtd 5/18/2012.
  • Performance basis: According to the filing, the vested units relate to "achievement of certain total shareholder return objectives" under the July 28, 2022 grant.
  • Derivative position: Following the vesting, the balance of performance-based restricted stock units held directly dropped to 0.
  • Ownership structure: All reported shares are held indirectly by trust, with the reporting person serving as trustee.

Details of Goodarzi's Performance RSU Vesting at Intuit

According to the Form 4 filed with the SEC, Sasan K. Goodarzi, Chairman and CEO of Intuit Inc. (NASDAQ:INTU), reported two transactions in the company's common stock on September 1, 2026. The first was an acquisition coded "M," reflecting the vesting of 26,188.536 performance-based restricted stock units at a price of $0, consistent with a standard RSU conversion. The filing states these units were granted on July 28, 2022, and their release date corresponds to September 1, 2026.

The second transaction was coded "F," representing 12,377.444 shares disposed of at $359.30 per share. The filing notes that the price cited is the "fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction." This type of "F" transaction typically reflects shares withheld to satisfy tax withholding obligations upon vesting, according to standard SEC Form 4 coding conventions as described in the filing's Instruction 8 reference.

All shares reported are held indirectly through the Goodarzi Rev Trust u/a Dtd 5/18/2012, of which the reporting person is a trustee, as explained in footnote 1 of the filing. The filing further notes that the performance-based restricted stock units "do not expire; they either vest or are canceled prior to vesting date." The form was signed by Erick Rivero, by power-of-attorney, on September 3, 2026.

What Was Disclosed

The filing discloses the vesting of 26,188.536 performance-based RSUs and the disposal of 12,377.444 shares at $359.30, resulting in Goodarzi holding 31,019.574 shares indirectly through a revocable trust following the transactions.