[144] Intuit Inc SEC Filing

Rhea-AI Filing Summary

Form 144 filing for Intuit Inc. (INTU) shows a proposed sale of 529 common shares to be executed through Morgan Stanley Smith Barney LLC on 08/25/2025 with an aggregate market value reported as $350,547.14. The shares were acquired as founders' shares on 03/12/1993 and payment details are listed as N/A.

The filing also discloses recent Rule 10b5-1 sales by the SCOTT D. COOK & HELEN SIGNE OSTBY 1993 FAMILY TRUST: 62,816 shares sold on 06/09/2025 for $48,116,584.88 and 72,442 shares sold on 05/27/2025 for $53,700,407.03. The filer attests they are not aware of undisclosed material adverse information and includes standard Rule 10b5-1 notice language.

Positive

• Filing includes a clear attestation that the seller does not possess undisclosed material adverse information
• Sales were executed or planned under recognized compliance mechanisms: Rule 144 notice and Rule 10b5-1 trading-plan disclosures

Negative

• The filing shows large 10b5-1 sales by the SCOTT D. COOK & HELEN SIGNE OSTBY 1993 FAMILY TRUST totaling 135,258 shares and about $101.8 million in gross proceeds during May–June 2025
• Recent insider-related disposals represent a material absolute dollar amount that investors may view as significant for insider ownership levels

Insights

Financial Analyst

TL;DR: The filing reports a small planned sale plus two large 10b5-1 transactions recently executed by a family trust tied to an insider.

The notice documents a proposed sale of 529 founder-class shares with a stated market value of $350,547.14 and two materially larger 10b5-1 sales totaling 135,258 shares that generated approximately $101.8 million in gross proceeds across May and June 2025. From a capital-markets perspective, the recent 10b5-1 sales are material in absolute dollar terms and should be visible to market participants; the current Form 144 itself appears to be a routine compliance filing confirming a planned, single-sharelot sale and the seller's representation regarding nonpublic material information.

Corporate Governance Expert

TL;DR: Filing shows compliance steps and disclosures consistent with Rule 144 and 10b5-1 program usage by an insider-related trust.

The document identifies the selling broker, the origin of the shares as founders' shares dated 03/12/1993, and includes the standard attestation that no undisclosed material adverse information is known. It also lists recent 10b5-1 sales by the named family trust with exact share counts and gross proceeds. These elements indicate the parties are following prescribed disclosure and trading-plan procedures; the governance implication is that substantial block sales occurred recently, which stakeholders may note for ownership and insider-activity monitoring.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	529	350547.14	278947000	08/25/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/12/1993	Founders Shares	Issuer			529	03/12/1993	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SCOTT D. COOK & HELEN SIGNE OSTBY 1993 FAMILY TRUST 2700 Coast Avenue Mountain View CA 94043	Common	06/09/2025	62816	48116584.88
10b5-1 Sales for SCOTT D. COOK & HELEN SIGNE OSTBY 1993 FAMILY TRUST 2700 Coast Avenue Mountain View CA 94043	Common	05/27/2025	72442	53700407.03

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for INTU report?

The Form 144 reports a proposed sale of 529 common shares scheduled for 08/25/2025 through Morgan Stanley Smith Barney LLC with an aggregate market value of $350,547.14.

Who sold shares under 10b5-1 plans and how many?

The filing lists 10b5-1 sales by the SCOTT D. COOK & HELEN SIGNE OSTBY 1993 FAMILY TRUST: 72,442 shares on 05/27/2025 and 62,816 shares on 06/09/2025.

What were the gross proceeds from the recent 10b5-1 sales?

Gross proceeds reported were $53,700,407.03 for the 05/27/2025 sale and $48,116,584.88 for the 06/09/2025 sale.

When were the shares being sold originally acquired?

The 529 shares listed in this Form 144 were acquired as founders' shares on 03/12/1993.

Does the filer claim to have material nonpublic information?

By signing the form the person represents they do not know any material adverse information