[144] Intuit Inc SEC Filing
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.