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Intuit (INTU) CFO Aujla exercises RSUs as 1,725 shares withheld for tax

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

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.

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Insider Aujla Sandeep
Role EVP and CFO
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
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 3,239.137 shares (Direct)
Footnotes (1)
  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.
RSU shares converted 3,360 shares Restricted stock units converting to Intuit common stock on April 1, 2026
Shares withheld for taxes 1,725.362 shares Common stock withheld to satisfy tax obligations on RSU vesting
Fair market value per share $432.38 per share Value used for tax-withholding disposition of Intuit common stock
Direct holdings after transactions 2,208.7746 shares Intuit common shares directly held by CFO after RSU vesting and tax withholding
ESPP shares included 38.384 shares Shares acquired via Intuit Employee Stock Purchase Plan on March 15, 2026
Restricted Stock Units financial
"security_title: "Restricted Stock Units" for multiple derivative entries"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-code common stock entry"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Purchase Plan financial
"shares acquired on 3/15/2026 through the Intuit Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
fair market value financial
"Fair market value of Intuit Inc. common stock on the trading day immediately preceding"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vesting date financial
"Represents vesting date for this tranche of restricted stock units."
SEC Form 4
FORM 4UNITED 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*
Aujla Sandeep

(Last)(First)(Middle)
C/O INTUIT INC.
2700 COAST AVENUE

(Street)
MOUNTAIN VIEW CALIFORNIA 94043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026M2,665A$03,239.1366(1)D
Common Stock04/01/2026M346A$03,585.1366D
Common Stock04/01/2026M349A$03,934.1366D
Common Stock04/01/2026F1,725.362D$432.38(2)2,208.7746D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)04/01/2026M2,66504/01/2026(4) (5)Common Stock2,665$00D
Restricted Stock Units(3)04/01/2026M34604/01/2026(4) (5)Common Stock346$01,731D
Restricted Stock Units(3)04/01/2026M34904/01/2026(4) (5)Common Stock349$03,144D
Explanation of Responses:
1. Includes 38.384 shares acquired by the reporting person on 3/15/2026 through the Intuit Inc. Employee Stock Purchase Plan.
2. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
3. 1-for-1
4. Represents vesting date for this tranche of restricted stock units.
5. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Remarks:
/s/ Erick Rivero, by power-of-attorney04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Intuit (INTU) CFO Sandeep Aujla report in this Form 4?

Intuit CFO Sandeep Aujla reported RSU vesting that converted into common shares, plus shares withheld for taxes. The activity reflects routine equity compensation rather than open-market buying or selling, and updates his directly held Intuit share balance after these non-cash transactions.

How many Intuit (INTU) shares did the CFO receive from RSU vesting?

The CFO’s restricted stock units converted into 3,360 shares of Intuit common stock. These shares came from equity awards vesting at a stated exercise price of $0.00, showing they were compensation-based grants instead of shares bought on the open market by the executive.

How many Intuit (INTU) shares were withheld for taxes in this filing?

A total of 1,725.362 Intuit shares were withheld to satisfy tax obligations tied to the RSU vesting. The withholding used a fair market value of $432.38 per share, so this disposition is for tax payment purposes and not an open-market sale by the executive.

What is the Intuit (INTU) CFO’s direct shareholding after these transactions?

After the RSU exercises and tax-withholding, the CFO directly holds 2,208.7746 Intuit shares. This total includes 38.384 shares acquired earlier through the Intuit Employee Stock Purchase Plan, giving investors a clearer picture of his updated direct equity position.

Were these Intuit (INTU) CFO transactions open-market buys or sells?

No, the transactions reflect RSU exercises and tax withholding, not open-market trades. The RSUs converted into common stock at a $0.00 exercise price, and shares classified under code F were withheld solely to pay taxes on the vesting, not sold into the market.

What does the fair market value of $432.38 mean in this Intuit (INTU) filing?

The $432.38 per share figure is the fair market value used for tax-withholding purposes on the vesting date. It applies to the 1,725.362 shares withheld to cover tax liabilities, determining the value of shares surrendered rather than indicating a trade price in the open market.
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