INTU insider files Form 144 to sell 1,170 restricted shares
Rhea-AI Filing Summary
Intuit (INTU) filed a Form 144 reporting a proposed sale of 1,170 shares of common stock with an aggregate market value of $792,160.20, which the filer acquired as restricted stock on 10/01/2025. The filing lists the broker as Morgan Stanley Smith Barney LLC and indicates the sale is expected on 10/03/2025 on NASDAQ. The form also discloses a prior sale by the same person: 42 shares sold on 08/25/2025 for gross proceeds of $27,929.58. By signing, the filer represents they are not aware of undisclosed material adverse information about the issuer.
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Insights
TL;DR: Insider plans to sell 1,170 restricted shares acquired on 10/01/2025, brokered by Morgan Stanley.
The Form 144 discloses a proposed sale of 1,170 common shares valued at $792,160.20, with execution listed for 10/03/2025. The shares were reported as restricted stock acquired from the issuer on 10/01/2025, which is consistent with typical insider lock-up or equity compensation movements.
This filing is a required notice under Rule 144; it documents planned liquidity by an insider but does not by itself disclose any company financial results or material events. The filer also reported a small prior sale of 42 shares on 08/25/2025.
FAQ
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