[Form 4] Intuit Inc Insider Trading Activity

Rhea-AI Filing Summary

On 24 Jul 2025 Intuit Inc. (INTU) filed a Form 4 reporting that its SVP & Chief Accounting Officer Lauren D. Hotz received a fresh equity grant.

• Stock options: 4,063 non-qualified options with a $781.21 exercise price expiring 23 Jul 2032. Vesting: 25 % after one year, then 2 1/12 % monthly until fully vested on the fourth anniversary.
• Time-based RSUs: 1,281 units; 25 % vest 1 Jul 2026, the balance vests 6.25 % each 1 Oct, 31 Dec, 1 Apr and 1 Jul thereafter.
• Performance RSUs: 2,462 target units subject to 0–200 % payout based on total-shareholder-return goals; any earned shares vest 1 Sep 2028.

All transactions are coded “A” (acquired) at no out-of-pocket cost, reflecting routine executive compensation rather than open-market activity. No disposals were reported, so Ms. Hotz’s beneficial derivative holdings increased by the amounts granted. The award is immaterial to Intuit’s share count but strengthens long-term alignment between the executive and shareholders.

Positive

• Performance-based RSUs tie 2,462 shares to total-shareholder-return targets, enhancing alignment with investors.
• Four-year vesting schedule for options encourages executive retention and long-term focus.

Negative

• Potential dilution, although minimal (<0.003 % of shares outstanding), adds to equity overhang.

Insights

Securities Analyst

TL;DR: Routine incentive grant; negligible dilution risk; neutral share-price impact.

These option and RSU awards represent standard annual compensation for a senior officer. The combined 7,806 potential shares equate to less than 0.003 % of Intuit’s ~280 M shares outstanding, so dilution is trivial. Because the transactions were insider grants rather than purchases or sales, they offer no direct market signal but do indicate retention and performance alignment. I view the filing as neutral for valuation and liquidity.

Corporate Governance Expert

TL;DR: Well-structured, performance-weighted package improves pay-for-performance linkage.

The mix of time-based and TSR-based RSUs, plus multi-year option vesting, encourages both near-term execution and long-term value creation. Cliff vesting of performance RSUs until 2028 promotes executive retention. From a governance lens, this design supports shareholder interests without excessive leverage. Impact on proxy advisory views should be slightly positive but not material enough to move voting outcomes alone.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hotz Lauren D

(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)
	SVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

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

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
Non-Qualified Stock Options (right to buy)	$781.21	07/24/2025		A		4,063		(1)	07/23/2032	Common Stock	4,063	$0	4,063	D
Restricted Stock Units(2)	(3)	07/24/2025		A		1,281		(4)	(5)	Common Stock	1,281	$0	1,281	D
Restricted Stock Units (performance-based vesting)(2)	(3)	07/24/2025		A		2,462(6)		09/01/2028(7)	(5)	Common Stock	2,462	$0	2,462	D

Explanation of Responses:

1. 25% of the stock options granted will vest on 7/24/2026 and thereafter 2 1/12% of the stock options will vest on each monthly anniversary such that the grant is fully vested on the 4th anniversary of the grant date.

2. Dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.

3. 1-for-1

4. 25% of the restricted stock units will vest on 07/01/2026; thereafter 6.25% of the restricted stock units will vest on each October 1, December 31, April 1 and July 1, until the award is fully vested.

5. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.

6. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2028. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.

7. Represents vesting date for restricted stock units (performance-based vesting).

Remarks:

	/s/ Erick Rivero, by power-of-attorney	07/28/2025
	** 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.
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FAQ

How many Intuit (INTU) stock options were granted to Lauren Hotz?

She received 4,063 non-qualified stock options with a $781.21 strike price.

What is the vesting schedule for the new RSUs reported in the Intuit Form 4?

Time-based RSUs vest 25 % on 1 Jul 2026 and 6.25 % quarterly thereafter; performance RSUs cliff-vest on 1 Sep 2028 if TSR goals are met.

Did the Intuit executive sell any shares in this filing?

No. All transactions were coded "A" (acquired); there were no disposals or sales reported.

What is the impact of this Form 4 on Intuit’s share count?

The 7,806 potential shares represent less than 0.003 % of outstanding shares, so dilution risk is negligible.

When do the newly granted stock options to Lauren Hotz expire?

The options expire on 23 Jul 2032.