At the peak of his wealth, Bennett held about 1.58 million shares in Intuit, making him a significant shareholder during his tenure. His holdings included 425,000 restricted stock units awarded in 2003, which were set to vest over several years....
At the peak of his wealth, Bennett held about 1.58 million shares in Intuit, making him a significant shareholder during his tenure. His holdings included 425,000 restricted stock units awarded in 2003, which were set to vest over several years. By 2003, his ownership was under the spotlight, as he had purchased shares under Intuit's employee stock purchase plan, indicating confidence in the company’s future. His holdings fluctuated based on performance targets and strategic decisions made in alignment with shareholder interests. Even after leaving, Bennett's choices around stock options were designed to maintain alignment with the company's growth, showing a long-term perspective on value creation and wealth management.