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Intuit Executive to Cash Out Vested Shares as Stock Trades Near All-Time Highs

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

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed by Lauren Dale Hotz, an officer at Intuit, indicating intent to sell 1,739 shares of common stock with an aggregate market value of $1,363,526.77. The sale is planned for execution on June 27, 2025 through Morgan Stanley Smith Barney LLC on NASDAQ.

The shares being sold originated from restricted stock acquired from the issuer on August 14, 2020. The securities vested during the period from August 14, 2020, through June 1, 2025. The proposed sale represents a minimal portion of Intuit's 278.95 million outstanding shares.

The filing confirms that the seller has no knowledge of material adverse information regarding Intuit's operations that hasn't been publicly disclosed. No other securities sales were reported by the seller in the past three months.

Positive

  • None.

Negative

  • None.

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

How many INTU shares is Lauren Dale Hotz selling according to the Form 144 filed on June 28, 2025?

According to the Form 144 filing, Lauren Dale Hotz, an officer at Intuit, plans to sell 1,739 shares of INTU common stock with an aggregate market value of $1,363,526.77.

When did Lauren Dale Hotz acquire the INTU shares being sold?

The shares were originally acquired on August 14, 2020 as restricted stock from the issuer (Intuit Inc.). The filing notes that these securities vested during the period from 8/14/2020 through 6/1/2025.

What is the current total number of outstanding INTU shares as reported in the Form 144?

According to the Form 144 filing, Intuit Inc. has 278,947,000 shares outstanding as of the filing date.

Through which broker is Lauren Dale Hotz selling INTU shares?

The shares are being sold through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York NY 10004.

Has Lauren Dale Hotz sold any other INTU shares in the past 3 months before this Form 144 filing?

No, according to the filing section 'Securities Sold During The Past 3 Months,' there were no other sales reported by Lauren Dale Hotz during this period.
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