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