'Intuit' Directors Choose Stock Over Cash for RSU Compensation Worth Millions

Intuit Inc. (NASDAQ: INTU) director Eve B. Burton saw 118 restricted stock units granted in 2019 vest on May 3 and convert into the same number of common shares, raising her directly held equity to about $460,000 (roughly 600 million won). On May 8, Burton and fellow director Deborah Liu elected to receive their board fees in stock, resulting in new grants of 70 RSUs for Burton and 75 RSUs for Liu. Burton’s award is valued at about $27,000 (circa 40 million won) and Liu’s at about $30,000 (in the low 40 million-won range). These are routine compensation transactions and did not involve any open-market purchases or sales.

On May 6, Intuit launched QuickBooks Workforce, an AI-driven workforce management solution aimed at small- and mid-market businesses in the U.S., expanding its payroll service into a comprehensive human capital management (HCM) platform that covers HR and time-and-attendance. In a separate announcement on April 30, the company said it will report third-quarter fiscal 2026 results and hold a conference call on May 20, and it reiterated full-year revenue guidance of approximately $21 billion (about 30 trillion won) following its second-quarter results.

Intuit is a U.S. fintech and tax-software company whose portfolio includes TurboTax, Credit Karma, QuickBooks and Mailchimp. It provides cloud-based services for tax preparation, accounting, payroll and marketing to individuals and small businesses. U.S. public-company directors and executives often choose equity-based compensation such as RSUs instead of cash to better align with shareholders, and this filing reflects a routine compensation event in that context.