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Intuit (INTU) EVP, General Counsel reports RSU conversions and stock sale

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

Rhea-AI Filing Summary

Intuit Inc.'s Executive Vice President, General Counsel and Corporate Secretary reported equity transactions dated 12/11/2025. The filing shows multiple conversions of restricted stock units into common stock at an exercise price of $0, adding small blocks of shares, and one disposition of 244 shares of common stock at $662.43 per share. After these transactions, the executive directly owns 27,861.3826 shares of Intuit common stock.

The filing also describes performance-based restricted stock unit awards that vest upon achievement of total shareholder return objectives, with target units scheduled to vest on 9/1/2026, 9/1/2027 and 9/1/2028. Portions of these awards were accelerated to accommodate forfeiture of shares related to employment tax withholding obligations arising in connection with retirement eligibility.

Positive

  • None.

Negative

  • None.
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*
McLean Kerry 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Gen. Counsel & Corp. Sec.
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025
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 12/11/2025 M 111 A $0 27,972.3826 D
Common Stock 12/11/2025 M 93 A $0 28,065.3826 D
Common Stock 12/11/2025 M 33 A $0 28,098.3826 D
Common Stock 12/11/2025 M 3 A $0 28,101.3826 D
Common Stock 12/11/2025 M 3 A $0 28,104.3826 D
Common Stock 12/11/2025 M 1 A $0 28,105.3826 D
Common Stock 12/11/2025 F 244 D $662.43(1) 27,861.3826 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 (performance-based vesting) (2) 12/11/2025 M 111 (3) (4) Common Stock 111 $0 7,225(5) D
Restricted Stock Units (performance-based vesting) (2) 12/11/2025 M 93 (6) (4) Common Stock 93 $0 6,089(5) D
Restricted Stock Units (performance-based vesting) (2) 12/11/2025 M 33 (7) (4) Common Stock 33 $0 5,198(5) D
Restricted Stock Units (MSPP Matching Unit) (2) 12/11/2025 M 3 08/11/2026(8) (4) Common Stock 3 $0 172 D
Restricted Stock Units (MSPP Matching Unit) (2) 12/11/2025 M 3 08/09/2027(8) (4) Common Stock 3 $0 155 D
Restricted Stock Units (MSPP Matching Unit) (2) 12/11/2025 M 1 08/08/2028(8) (4) Common Stock 1 $0 143 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. Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2026. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
4. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
5. Represents target number of units subject to the award; the number that vest may be 0% - 200% of this number, depending upon performance.
6. Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2027. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
7. Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2028. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
8. Represents vesting and settlement date for Restricted Stock Units (MSPP Matching Award). The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
Remarks:
/s/ Erick Rivero, by power-of-attorney 12/15/2025
** 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 stock transactions did Intuit (INTU) report on 12/11/2025?

The executive reported several conversions of restricted stock units into Intuit common stock at an exercise price of $0, and one disposition of 244 shares of common stock at $662.43 per share.

How many Intuit (INTU) shares does the reporting executive own after these transactions?

Following the reported transactions on 12/11/2025, the executive directly owns 27,861.3826 shares of Intuit common stock.

What types of restricted stock units are mentioned in this Intuit (INTU) insider filing?

The filing lists performance-based restricted stock units tied to total shareholder return objectives and MSPP Matching Unit restricted stock units, each deliverable into Intuit common stock on a 1-for-1 basis.

When are the performance-based restricted stock units for Intuit (INTU) scheduled to vest?

According to the filing, performance-based restricted stock units are scheduled to vest on 9/1/2026, 9/1/2027, and 9/1/2028, following achievement of specified total shareholder return objectives.

Why were some Intuit (INTU) restricted stock units accelerated in this report?

The issuer accelerated vesting and issuance of portions of the awards to accommodate forfeiture of shares related to employment tax withholding obligations arising in connection with the reporting person's retirement eligibility.

What does the $662.43 price represent in the Intuit (INTU) insider transaction?

The filing notes that $662.43 represents the fair market value of Intuit common stock on the trading day immediately preceding the reported transaction date.

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