STOCK TITAN

Intuit (INTU) EVP reports restricted stock unit vesting and share transactions

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Intuit Inc. executive, the EVP of People and Places, reported multiple equity award transactions dated 12/11/2025. The filing shows several conversions of restricted stock units into Intuit common stock at an effective price of $0 per share, along with a transaction involving 130 shares at a fair market value of $662.43 per share.

After these transactions, the executive directly beneficially owned about 22,555.996 shares of Intuit common stock. The derivative table shows performance-based and matching restricted stock units that settle into common stock on a 1-for-1 basis, with future vesting tied to total shareholder return objectives and specific vesting dates in 2026, 2027, and 2028. The company has accelerated vesting and issuance of portions of these awards to accommodate forfeiture of shares related to employment tax withholding obligations arising in connection with retirement eligibility.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hilliard Caryl Lyn

(Last) (First) (Middle)
C/O INTUIT INC.
2700 COAST AVENUE

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, People and Places
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/11/2025 M 54 A $0 22,609.996 D
Common Stock 12/11/2025 M 42 A $0 22,651.996 D
Common Stock 12/11/2025 M 30 A $0 22,681.996 D
Common Stock 12/11/2025 M 2 A $0 22,683.996 D
Common Stock 12/11/2025 M 2 A $0 22,685.996 D
Common Stock 12/11/2025 F 130 D $662.43(1) 22,555.996 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (performance-based vesting) (2) 12/11/2025 M 54 (3) (4) Common Stock 54 $0 3,367(5) D
Restricted Stock Units (performance-based vesting) (2) 12/11/2025 M 42 (6) (4) Common Stock 42 $0 2,662(5) D
Restricted Stock Units (performance-based vesting) (2) 12/11/2025 M 30 (7) (4) Common Stock 30 $0 4,585(5) D
Restricted Stock Units (MSPP Matching Unit) (2) 12/11/2025 M 2 08/11/2026(8) (4) Common Stock 2 $0 104 D
Restricted Stock Units (MSPP Matching Award) (2) 12/11/2025 M 2 08/09/2027(8) (4) Common Stock 2 $0 95 D
Explanation of Responses:
1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
2. 1-for-1
3. Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2026. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
5. Represents target number of units subject to the award; the number that vest may be 0% - 200% of this number, depending upon performance.
6. Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2027. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
7. Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2028. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
8. Represents vesting and settlement date for Restricted Stock Units (MSPP Matching Award). The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
Remarks:
/s/ Erick Rivero, by power-of-attorney 12/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Intuit (INTU) report for its EVP of People and Places?

The EVP of People and Places at Intuit Inc. reported multiple equity transactions on 12/11/2025, including conversions of restricted stock units into Intuit common stock and a transaction involving 130 shares valued at $662.43 per share.

How many Intuit (INTU) shares does the executive own after the reported transactions?

Following the reported transactions, the executive directly beneficially owned approximately 22,555.996 shares of Intuit Inc. common stock.

What types of equity awards are involved in this Intuit (INTU) Form 4 filing?

The filing involves restricted stock units, including performance-based awards and MSPP matching units and awards, each convertible into Intuit common stock on a 1-for-1 basis.

What performance conditions affect the restricted stock units reported for Intuit (INTU)?

Certain restricted stock units will vest following achievement by the issuer of total shareholder return objectives, with vesting dates noted as 9/1/2026, 9/1/2027, and 9/1/2028.

Why did Intuit accelerate vesting of some restricted stock units in this filing?

The issuer accelerated vesting and issuance of portions of the awards to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.

What is the fair market value per share referenced in the Intuit (INTU) insider transaction?

The filing states that $662.43 per share represents the fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of the reported transaction.

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