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[144] Intuit Inc SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for INTU shows a proposed sale of 1,950 shares of Common stock to be executed through Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $1,306,500.00 and an approximate sale date of 08/29/2025. The filing states these 1,950 shares were acquired on 08/29/2025 by stock option exercise from the issuer and paid for in cash on the same date. The notice also discloses a sale in the prior three months: Laura Fennell sold 1,429 shares on 08/28/2025 for gross proceeds of $950,285.00. The filer represents, by signature, that no undisclosed material adverse information is known.

Positive

  • Broker identified: Sale will be executed through Morgan Stanley Smith Barney LLC, providing a clear execution venue
  • Acquisition method disclosed: Shares were acquired by stock option exercise and paid in cash, which clarifies the provenance of the shares

Negative

  • Insider sale planned: Proposed disposition of 1,950 shares with aggregate value $1,306,500.00
  • Recent sale disclosed: 1,429 shares were sold on 08/28/2025 for $950,285.00

Insights

TL;DR: Routine Rule 144 notice showing an insider stock-option exercise and planned resale, plus a recent sale the day before.

The filing documents a proposed public sale under Rule 144 of 1,950 common shares via Morgan Stanley Smith Barney on NASDAQ with aggregate value $1,306,500.00, acquired by stock option exercise and paid in cash on 08/29/2025. A related transaction shows 1,429 shares sold on 08/28/2025 for $950,285.00. For investors this is a disclosure of insider liquidity activity rather than operational or financial performance information; it is procedural and conforms to Rule 144 reporting requirements.

TL;DR: Filing is a standard compliance disclosure of insider sale activity tied to option exercise and subsequent resale.

The document indicates the securities were acquired by option exercise from the issuer and are being sold through a registered broker, which is consistent with standard insider disposition practices. The filer includes the required representation about absence of undisclosed material adverse information. The notice does not disclose any corporate governance actions, policy changes, or material company developments.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What securities does the INTU Form 144 report propose to sell?

The filing proposes to sell 1,950 shares of Common stock on NASDAQ through Morgan Stanley Smith Barney LLC with aggregate market value $1,306,500.00.

When were the shares to be sold acquired?

The 1,950 shares were acquired on 08/29/2025 by stock option exercise from the issuer and paid for in cash on that date.

Did the filer sell any issuer shares in the past three months?

Yes. Laura Fennell sold 1,429 shares on 08/28/2025 for gross proceeds of $950,285.00.

Which broker will handle the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC, address shown as 1 New York Plaza 8th Floor New York NY 10004.

Does the filing state any undisclosed material adverse information?

By signing the notice, the person for whose account the securities will be sold represents they do not know any material adverse information about the issuer that has not been publicly disclosed.
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