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AI brief of an SEC Form 8-K · Intuit (INTU)

Intuit amends non-employee director pay program, effective January 23, 2025

Neutral Impact 2 of 5 leadership Written later

Intuit's Board of Directors approved an amended Non-Employee Director Compensation Program on October 31, 2024, effective January 23, 2025. The filing attaches the revised program as Exhibit 99.01, and it sets the annual equity and cash pay for non-employee directors.

Key points

  • Annual Director Grant of restricted stock units valued at $280,000, or $350,000 for the Chair of the Board
  • Annual cash compensation for a non-employee director of $75,000, with $90,000 for the Chair of the Board
  • Directors must hold Intuit shares worth ten times the annual Board cash retainer within five years of joining the Board

The filing

CompanyIntuit (INTU)
Form8-K, current report
Filed with the SECNov 4, 2024, 4:16 PM ET
Accession number0000896878-24-000041

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.