Intuit (NASDAQ: INTU) director trust gifts 30,750 stock shares to nonprofit
Rhea-AI Filing Summary
Intuit Inc. director Scott D. Cook reported an indirect gift of company stock made through a family trust. On 01/08/2026, a trust associated with him transferred 30,750 shares of Intuit common stock as a gift, coded as a “G” transaction, at a reported price of $0 per share. The filing explains that these shares were gifted to a nonprofit corporation.
Following this transaction, the trust continued to beneficially hold 5,637,432 shares of Intuit common stock, which are reported as indirectly owned by Cook through the Scott D. Cook and Helen Signe Ostby Family Trust, of which he serves as a trustee.
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FAQ
What insider transaction did Intuit (INTU) report for Scott D. Cook?
Intuit director Scott D. Cook reported an indirect gift of 30,750 shares of Intuit common stock on 01/08/2026, coded as a "G" transaction.
Who actually held the Intuit (INTU) shares that were gifted?
The gifted shares were held by the Scott D. Cook and Helen Signe Ostby Family Trust UTA 12/30/93, of which Scott D. Cook is a trustee.
To whom were the 30,750 Intuit (INTU) shares given?
The filing states that the reporting person gifted these shares to a nonprofit corporation.
How many Intuit (INTU) shares does the trust report after the gift?
After the reported gift, the trust is shown as beneficially owning 5,637,432 shares of Intuit common stock, reported as indirect ownership by Scott D. Cook.
Is Scott D. Cook a director or officer of Intuit (INTU)?
Scott D. Cook is listed in the filing as a director of Intuit Inc. and is not reported as an officer or 10% owner.
Was the reported Intuit (INTU) transaction a sale for cash?
No. The transaction is coded as a gift (code G) with a reported price of $0 per share, indicating a charitable transfer rather than a sale.