Intuit insider Hotz reports RSU vesting and partial sales on Form 4
Rhea-AI Filing Summary
Lauren D. Hotz, SVP and Chief Accounting Officer at Intuit Inc. (INTU), reported transactions dated 09/01/2025 showing equity vesting and share disposals. The filing shows 96 restricted stock units vested and 1,278 performance-based RSUs vested on that date, and contemporaneous dispositions of 47.597 and 633.635 shares at $667 per share (price noted as fair market value on the prior trading day). Following the reported transactions the filing lists 1,617.8162 shares beneficially owned (direct). The form was signed by power-of-attorney on 09/03/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider received significant RSU vesting and sold a portion at $667, netting a modest change in direct holdings.
The filing documents standard compensation-related vesting and partial sales rather than open-market accumulation. Total vested units (96 time-based RSUs and 1,278 performance RSUs) increased underlying share exposure, while two dispositions (47.597 and 633.635 shares) at $667 each materially reduced immediately held shares. Net effect is a change in direct ownership consistent with routine executive compensation monetization. No new derivative grants or exercises requiring cash payment are reported.
TL;DR: Transactions reflect compensation realization and partial divestiture; disclosure appears timely and complete.
Report indicates vesting tied to performance objectives and contemporaneous sales, which is common for executives converting vested awards to cash. The form lists the reporting person as an officer and shows transactions executed under reported dates with a power-of-attorney signature. There are no indications of unusual trading patterns or undisclosed derivative positions in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 96 | $0.00 | -- |
| Exercise | Restricted Stock Units (performance-based vesting) | 1,278 | $0.00 | -- |
| Exercise | Common Stock | 96 | $0.00 | -- |
| Tax Withholding | Common Stock | 47.597 | $667.00 | $32K |
| Exercise | Common Stock | 1,278 | $0.00 | -- |
| Tax Withholding | Common Stock | 633.635 | $667.00 | $423K |
Footnotes (1)
- Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction. 1-for-1 Represents vesting date for this tranche of restricted stock units. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. Represents the awarded and vested units pursuant to the restricted stock units (performance-based vesting) grant related to achievement of certain total shareholder return objectives. Represents vesting and release date for restricted stock units (performance-based vesting). Restricted stock units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.