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INTU Insider Filing: 85 Purchased + 85 Matching RSUs Awarded to SVP

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

Rhea-AI Filing Summary

Lauren D. Hotz, Senior Vice President and Chief Accounting Officer of Intuit Inc. (INTU), reported awards on 08/08/2025 of restricted stock units tied to common stock. She was granted 85 Restricted Stock Units (MSPP Purchased Award) that are fully vested upon grant but will settle upon the earlier of termination or three years from grant (representative settlement date shown as 08/08/2028) and indicate a purchase price of $749 per share. She was also granted 85 Restricted Stock Units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program, with a reported price of $0 and a vesting date shown as 08/08/2028. The Form 4 was signed by power-of-attorney on 08/12/2025.

Positive

  • Total of 170 restricted stock units awarded (85 Purchased Award + 85 Matching Award), reflecting company equity alignment with the officer
  • Purchased Award shows full vesting upon grant with settlement deferred, which provides immediate ownership economics while maintaining retention via settlement timing

Negative

  • None.

Insights

TL;DR: Routine equity awards under a management stock purchase program; timing and settlement terms are standard.

The filing documents two linked grants totaling 170 restricted stock units awarded to an executive officer: 85 purchased units and 85 matching units. The Purchased Award shows a price of $749 per share, indicating the executive contributed to acquire shares, while the Matching Award is recorded at $0 consistent with employer match mechanics. The Purchased Award is described as fully vested on grant but settlement is deferred until employment termination or three years post-grant, which aligns with common MSPP structures and retention objectives.

TL;DR: Disclosure is a routine Section 16 report of equity compensation; no regulatory or governance concerns apparent from the form.

The Form 4 lists the reporting person as an officer and provides specific vesting/settlement dates and award types. The signature by power-of-attorney is dated 08/12/2025, consistent with timely filing practices. The document contains explanatory notes clarifying vesting and settlement mechanics; there are no indications of unusual transaction codes or third-party transfers that would raise governance flags.

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*
Hotz Lauren D

(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)
SVP, Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025
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
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 (MSPP Purchased Award) (1) 08/08/2025 A 85 (2) 08/08/2028(3) Common Stock 85 $749 85 D
Restricted Stock Units (MSPP Matching Award) (1) 08/08/2025 A 85 08/08/2028(4) (5) Common Stock 85 $0(6) 85 D
Explanation of Responses:
1. 1-for-1
2. Restricted stock units (MSPP Purchased Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
3. Represents settlement date for restricted stock units (MSPP Purchased Award). Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
4. Represents vesting date for these restricted stock units.
5. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
6. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).
Remarks:
/s/ Erick Rivero, by power-of-attorney 08/12/2025
** 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 did INTU insider Lauren D. Hotz report on Form 4?

She reported grants on 08/08/2025 of 85 MSPP Purchased Restricted Stock Units and 85 MSPP Matching Restricted Stock Units tied to Intuit common stock.

When do the restricted stock units vest or settle?

The Purchased Award is fully vested upon grant but settles upon the earlier of termination of employment or three years from grant (representative settlement date 08/08/2028). The Matching Award shows a vesting date of 08/08/2028.

What price was reported for the awards?

The MSPP Purchased Award lists a price of $749 per share; the MSPP Matching Award is reported at $0.

Who filed and signed the Form 4?

The Form 4 reports Lauren D. Hotz as the reporting person and was signed by Erick Rivero by power-of-attorney on 08/12/2025.

Do the restricted stock units expire?

The filing states restricted stock units do not expire; they either vest or are canceled prior to vesting.
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