Intuit (INTU) CEO’s trust sells Intuit stock under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intuit Inc. CEO Sasan Goodarzi, through a trust, reported planned sales of company stock. On January 7, 2026, a trust for which he is a trustee sold 40,960 shares of Intuit common stock at a weighted average price of $650.0957 per share and an additional 40 shares at $651.01 per share. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 6, 2025.
Following these sales, the trust reported beneficial ownership of 13,611.428 Intuit shares, held in the Goodarzi Rev Trust u/a dated May 18, 2012, with Goodarzi serving as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 41,000 shares ($26,653,960)
Net Sell
2 txns
Insider
Goodarzi Sasan K
Role
CEO, President and Director
Sold
41,000 shs ($26.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,960 | $650.0957 | $26.63M |
| Sale | Common Stock | 40 | $651.01 | $26K |
Holdings After Transaction:
Common Stock — 13,651.428 shares (Indirect, By Trust)
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on October 6, 2025. This transaction was executed in multiple trades ranging from $650.00 to $650.62. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Shares held in Goodarzi Rev Trust u/a Dtd 5/18/2012 of which reporting person is a trustee.
FAQ
Who is the reporting person in this Intuit (INTU) Form 4 filing?
The reporting person is Sasan K. Goodarzi, who serves as CEO, President and Director of Intuit Inc. and is reporting transactions in Intuit common stock.
What trading plan governed the Intuit (INTU) stock sales reported by Sasan Goodarzi?
The sales were effected under a Rule 10b5-1 trading plan that was previously adopted by the reporting person on October 6, 2025, as disclosed in the footnotes.
What does the weighted average price disclosure mean in this Intuit (INTU) Form 4?
One transaction was executed in multiple trades ranging from $650.00 to $650.62, and the reported $650.0957 reflects the weighted average sales price, with detailed trade data available on request to regulators, the issuer, or shareholders.