Intuit (INTU) CFO Aujla exercises RSUs as 1,725 shares withheld for tax
Rhea-AI Filing Summary
Intuit EVP and CFO Sandeep Aujla reported routine equity compensation activity. On April 1, 2026, he exercised restricted stock units that converted into 3,360 shares of Intuit common stock. These conversions carried a stated exercise price of $0.00 per share, reflecting non-cash RSU vesting rather than an open-market purchase.
To cover tax obligations on the vesting, 1,725.362 shares of common stock were withheld at a fair market value of $432.38 per share, classified as a tax-withholding disposition rather than a market sale. Following these transactions, Aujla directly held 2,208.7746 Intuit shares, which includes 38.384 shares previously acquired through the Intuit Employee Stock Purchase Plan as of mid-March 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,665 | $0.00 | -- |
| Exercise | Restricted Stock Units | 346 | $0.00 | -- |
| Exercise | Restricted Stock Units | 349 | $0.00 | -- |
| Exercise | Common Stock | 2,665 | $0.00 | -- |
| Exercise | Common Stock | 346 | $0.00 | -- |
| Exercise | Common Stock | 349 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,725.362 | $432.38 | $746K |
Footnotes (1)
- Includes 38.384 shares acquired by the reporting person on 3/15/2026 through the Intuit Inc. Employee Stock Purchase Plan. 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
Employee Stock Purchase Plan financial
fair market value financial
vesting date financial
FAQ
What did Intuit (INTU) CFO Sandeep Aujla report in this Form 4?
Were these Intuit (INTU) CFO transactions open-market buys or sells?
What does the fair market value of $432.38 mean in this Intuit (INTU) filing?