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Personal finance pays off!

Over the past two years, Intuit (INTU) has reduced the number of stock options granted to its employees and executives by half, according to the 10-K filed on Friday. But at least some of that was replaced by a new $18 million restricted stock plan for senior executives. Last year, according to the K, the company granted 427,849 restricted shares, with 425,000 of those shares going to CEO Stephen Bennett. Intuit, which is known for its tax software, then spent $684,098 to buy shares from Mr. Bennett so that the CEO, whose base salary has more than doubled in the past two years, wouldn’t get stuck with the tax bill.