[Form 4] Intuit Inc Insider Trading Activity

Rhea-AI Filing Summary

Intuit Inc. (INTU) – Form 4, filed 28 Jul 2025

EVP & CFO Sandeep Aujla reported equity awards granted on 24 Jul 2025. All transactions are coded “A” (acquired) and are held directly.

• Stock options: 14,726 non-qualified options with a $781.21 strike. Vesting: 25 % on 24 Jul 2026, then 2 1/12 % monthly; fully vested after four years (23 Jul 2029).
• Time-based RSUs: 4,641 units. Vesting: 25 % on 1 Jul 2026, then 6.25 % each 1 Oct, 31 Dec, 1 Apr, and 1 Jul until complete.
• Performance RSUs: 8,923 target units (0-200 % payout) linked to total shareholder return goals; cliff-vests 1 Sep 2028.

No shares were sold or transferred, and there are no changes in non-derivative common stock holdings disclosed. The grants modestly increase potential share count—maximum dilution <0.01 % of Intuit’s ~280 m shares outstanding—while strengthening long-term pay-for-performance alignment for the finance chief.

Positive

• Performance-based RSUs tied to total shareholder return enhance alignment between executive pay and long-term shareholder value.

Negative

• Grant of 14,726 options plus up to 17,846 RSUs (at max payout) adds minor dilution to the share count, though currently immaterial.

Insights

Equity Research Analyst

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

These awards expand Aujla’s derivative holdings by ~28,000 potential shares (options + target RSUs). Even at 200 % performance payout, incremental dilution is immaterial against Intuit’s large float, so no valuation change is warranted. Strike price sits near recent trading range, ensuring options only reward further appreciation. Overall, the filing is standard executive compensation disclosure with neutral fundamental impact.

Corporate Governance Specialist

TL;DR: TSR-linked RSUs improve alignment; mildly positive for governance.

The mix of time-based and performance-based equity follows best-practice guidelines. Requiring sustained TSR before vesting encourages longer-term value creation and discourages short-term earnings management. While investors may monitor cumulative dilution, the scale here is trivial. From a governance viewpoint, the structure is incrementally positive, but not material enough to move sentiment.

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).

1. Name and Address of Reporting Person^*

Aujla Sandeep

(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 and CFO

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		14,726		(1)	07/23/2032	Common Stock	14,726	$0	14,726	D
Restricted Stock Units(2)	(3)	07/24/2025		A		4,641		(4)	(5)	Common Stock	4,641	$0	4,641	D
Restricted Stock Units (performance-based vesting)(2)	(3)	07/24/2025		A		8,923(6)		09/01/2028(7)	(5)	Common Stock	8,923	$0	8,923	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.
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 transactions did INTU disclose on the latest Form 4?

CFO Sandeep Aujla acquired 14,726 stock options, 4,641 time-based RSUs and 8,923 performance RSUs—no shares were sold.

At what price can the newly granted options be exercised?

The non-qualified options have an exercise price of $781.21 per share.

When do the Intuit RSUs granted to the CFO vest?

Time-based RSUs vest 25 % on 1 Jul 2026 and quarterly thereafter; performance RSUs vest on 1 Sep 2028 subject to TSR targets.

How much potential dilution could these awards create for INTU shareholders?

Even if all units vest at 200 % and options are exercised, dilution is estimated at <0.01 % of the ~280 m shares outstanding.

Did the filing indicate any share sales by the CFO?

No. All transactions were coded "A" for acquisition; there were no sales or disposals reported.