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INTU Form 4: EVP Lyn buys MSPP shares, sells 104.538 at $706.09

Intuit insider transactions by Hilliard Caryl Lyn: The reporting person, identified as EVP, People and Places at Intuit Inc. (INTU), filed a Form 4 disclosing transactions on 08/12/2025.

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

Rhea-AI Filing Summary

Intuit insider transactions by Hilliard Caryl Lyn: The reporting person, identified as EVP, People and Places at Intuit Inc. (INTU), filed a Form 4 disclosing transactions on 08/12/2025. The report shows three non-derivative entries: acquisitions of 111 and 106 shares/units at $0 (pursuant to the company's management stock purchase program), and a disposition of 104.538 shares at a reported price of $706.09. Table II shows restricted stock units: a MSPP Purchased Award for 111 underlying shares (price shown $486.66) and a MSPP Matching Award for 106 underlying shares (price $0). The filing notes the purchased award is fully vested on grant but settles on the earlier of termination or three years from grant.

Positive

  • Participation in MSPP: Reporting person acquired 111 and 106 shares/units through Intuit's management stock purchase program.
  • Matching restricted stock units awarded: The report records a MSPP Matching Award for 106 underlying shares at $0.

Negative

  • Disposition reported: The reporting person disposed of 104.538 shares at $706.09 on 08/12/2025.

Insights

TL;DR Insider engaged in company stock purchase program and received matching RSUs while also selling a portion of holdings.

Hilliard Caryl Lyn, serving as EVP, People and Places, participated in Intuit's management stock purchase program on 08/12/2025. The Form 4 records acquisitions of 111 and 106 shares/units at $0 and simultaneous recognition of corresponding restricted stock units for those amounts. Separately, the filing reports a disposal of 104.538 shares at a price of $706.09. The disclosure includes that MSPP purchased awards vest immediately but settle no later than three years from grant.

TL;DR Transactions are routine compensation and purchase-plan activity with standard settlement and vesting language.

The filing documents routine participation in an employee purchase program and award of matching restricted stock units, including explanatory notes on vesting and settlement. The signature is provided by a power-of-attorney dated 08/14/2025. No additional corporate governance actions or unusual terms are disclosed in this Form 4.

Insider Hilliard Caryl Lyn
Role EVP, People and Places
Type Security Shares Price Value
Exercise Restricted Stock Units (MSPP Purchased Award) 111 $486.66 $54K
Exercise Restricted Stock Units (MSPP Matching Award) 106 $0.00 $0.00
Exercise Common Stock 111 $0.00 $0.00
Exercise Common Stock 106 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 104.538 $706.09 $74K
Holdings After Transaction: Restricted Stock Units (MSPP Purchased Award) — 0 contracts (Direct); Restricted Stock Units (MSPP Matching Award) — 0 contracts (Direct); Common Stock — 20,569.091 shares (Direct)
Footnotes (7)
  1. F1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
  2. F2. 1-for-1
  3. F3. Restricted stock units (MSPP Purchased Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
  4. F4. Represents settlement date for restricted stock units (MSPP Purchased Award). Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
  5. F5. Represents vesting and settlement date for restricted stock units (MSPP Matching Award).
  6. F6. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
  7. F7. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did Hilliard Caryl Lyn report on the Form 4 for INTU?
The Form 4 reports acquisitions of 111 and 106 shares/units and a disposition of 104.538 shares at $706.09, all dated 08/12/2025.

What is the reporting person's role at Intuit (INTU)?
The filing identifies the reporting person as an Officer with the title EVP, People and Places.

Were any restricted stock units (RSUs) disclosed in the Form 4?
Yes. The filing discloses a MSPP Purchased Award for 111 underlying shares (priced at $486.66) and a MSPP Matching Award for 106 underlying shares (priced at $0).

When do the MSPP purchased awards settle or vest?
The filing states MSPP Purchased Awards are fully vested upon grant, but settlement occurs on the earlier of termination of employment or three years from grant.

Who signed the Form 4 and when was it signed?
The Form 4 is signed by /s/ Erick Rivero, by power-of-attorney with the signature date 08/14/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
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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)
08/12/2025
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 08/12/2025 M 111 A $0 20,567.629 D
Common Stock 08/12/2025 M 106 A $0 20,673.629 D
Common Stock 08/12/2025 F 104.538 D $706.09(1) 20,569.091 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 (MSPP Purchased Award) (2) 08/12/2025 M 111 (3) 08/12/2025(4) Common Stock 111 $486.66 0 D
Restricted Stock Units (MSPP Matching Award) (2) 08/12/2025 M 106 08/12/2025(5) (6) Common Stock 106 $0(7) 0 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. Restricted stock units (MSPP Purchased Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
4. Represents settlement date for restricted stock units (MSPP Purchased Award). Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
5. Represents vesting and settlement date for restricted stock units (MSPP Matching Award).
6. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
7. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).
Remarks:
/s/ Erick Rivero, by power-of-attorney 08/14/2025
** 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.

Source: View Original Filing on SEC EDGAR

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