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[Form 4] Intuit Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Intuit Inc. (INTU) Form 4, filed 07/31/2025: Director Thomas J. Szkutak converted 82 vested restricted stock units (RSUs) into an equal number of common shares (Transaction code M). The RSUs, granted at a fair-market value of $306.37, vested on 07/31/2020 and were released on 07/31/2025; no cash was paid for the conversion (price $0). After the transaction, Szkutak directly holds 4,768 Intuit shares, and he no longer holds derivative securities related to this grant. No other insider transactions or material company events are disclosed in this filing.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Minor RSU conversion; negligible impact on valuation.

The filing shows a routine vest-and-release of 82 RSUs by Director Thomas J. Szkutak. Post-conversion ownership rises to 4,768 shares, a de-minimis stake relative to Intuit’s ~281 million shares outstanding. No shares were sold, so the transaction neither adds selling pressure nor signals bearish sentiment. Because the volume is immaterial and no purchase for cash occurred, the event is best viewed as administrative and has no meaningful impact on fundamentals or insider-sentiment metrics.

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*
SZKUTAK THOMAS J

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025
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 07/31/2025 M 82 A $0 4,768 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 (1) 07/31/2025 M 82 07/31/2020(2) 07/31/2025(3) Common Stock 82 $306.37(4) 0 D
Explanation of Responses:
1. 1-for-1
2. Represents vesting date for these restricted stock units.
3. Represents release date for these restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
4. Fair market value of Intuit Inc. common stock on date of grant; award pursuant to reporting person's election to receive payment of director's fees in the form of restricted stock units.
Remarks:
/s/ Erick Rivero, by power-of-attorney 07/31/2025
** 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

Who conducted the insider transaction reported by INTU on Form 4?

Thomas J. Szkutak, a director of Intuit Inc., is the reporting person.

How many Intuit shares were acquired in the 07/31/2025 transaction?

The director acquired 82 common shares through RSU conversion.

What is the director’s total beneficial ownership after the transaction?

Following the conversion, Szkutak directly owns 4,768 INTU shares.

Did the insider pay cash for the shares?

No. The RSUs converted at $0 cash cost; they were part of prior equity compensation.

Are any derivative securities still outstanding for this grant?

No. After conversion, 0 derivative securities from this RSU award remain.
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