[Form 4] Intuit Inc Insider Trading Activity
Richard L. Dalzell, a director of Intuit Inc. (INTU), reported a series of open-market sales under a previously adopted Rule 10b5-1 trading plan dated March 25, 2025. Between September 9 and September 11, 2025, the reporting person sold a total of 999 shares in multiple transactions at weighted-average prices ranging from approximately $658.57 to $665.13. After the reported sales, the filing shows 14,475 shares beneficially owned by the reporting person. The Form 4 was signed by a power-of-attorney on behalf of the reporting person on September 11, 2025.
- Transactions executed under a Rule 10b5-1 plan, indicating compliance with an established trading program adopted March 25, 2025
- Clear disclosure of weighted-average prices and multi-trade execution ranges for the reported sales
- Reporting person sold a total of 999 shares between September 9 and September 11, 2025, reducing beneficial ownership to 14,475 shares
- Filing contains no contextual information on material company developments that might explain the timing of the sales
Insights
TL;DR: Director sold 999 shares under a pre-established 10b5-1 plan; modest reduction in holdings with no other material disclosures.
The reported transactions consist of multiple, small open-market sales executed over three days under a Rule 10b5-1 plan adopted March 25, 2025. Total shares sold equal 999 with weighted-average prices reported per trade grouping between approximately $658.15 and $665.20. Post-transaction beneficial ownership is 14,475 shares. The filing does not disclose any purchases, option exercises, or other arrangements beyond the sales and the 10b5-1 plan. From a market-impact perspective the size of the sale relative to outstanding shares is not stated in the filing, and no additional financial metrics or company developments are included.
TL;DR: Sales were executed under a documented 10b5-1 plan, indicating an intention to comply with insider trading rules; no governance concerns disclosed.
The Form 4 explicitly states the trades were effected pursuant to a previously adopted Rule 10b5-1 trading plan (March 25, 2025), which provides an affirmative defense to insider trading allegations when properly structured and executed. The filing is signed by a power-of-attorney on September 11, 2025. There are no indications in this document of amendments, exceptions, or related-party transfers. The disclosure is procedural and limited to the sales; it contains no information about the director's reasons for selling or any contemporaneous company material non-public information.