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[Form 4] Intuit Inc Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Kerry J. McLean, EVP, General Counsel & Corporate Secretary of Intuit Inc. (INTU), reported multiple equity transactions on 08/12/2025. The filing shows purchases through the company’s management stock purchase program (MSPP): 185 restricted stock units (MSPP Purchased Award) and 178 restricted stock units (MSPP Matching Award) were acquired, and a separate entry records a disposition of 172.515 shares at a reported price of $706.09 (the fair market value on the prior trading day). Following the reported activity, beneficial ownership levels are listed around 23,730–23,903 shares depending on the line item.

The MSPP Purchased Award units are fully vested upon grant but settle on termination or three years from grant; the MSPP Matching Award vests and settles on the date shown. All holdings are reported as direct ownership. The form is a standard Section 16 disclosure of insider changes and contains no additional financial or forward-looking information.

Positive
  • Participation in MSPP: Reporting person received 185 MSPP Purchased Award RSUs and 178 MSPP Matching Award RSUs, indicating program participation and company equity retention mechanism.
  • Direct ownership maintained: All reported holdings are listed as direct beneficial ownership, with totals around 23,730–23,903 shares following transactions.
Negative
  • Small disposition recorded: A sale/disposition of 172.515 shares at a reported price of $706.09 reduced the reporting person’s holdings slightly.

Insights

TL;DR: Insider participation increased direct holdings via MSPP awards while a modest sale occurred; overall impact appears neutral.

The filing documents routine equity compensation and a small sale by a senior executive. The acquisition of 185 purchased RSUs and 178 matching RSUs reflects participation in an employee purchase program rather than a market open-market buy. The sale of 172.515 shares at a price noted as $706.09 reduces holdings slightly but is modest versus total beneficial ownership (~23.7k–23.9k shares). There are no indications of unusual, large-scale disposition or material change to ownership stakes. For investors, this is a standard insider disclosure with limited standalone market impact.

TL;DR: Disclosure aligns with standard Section 16 reporting; awards vesting/settlement terms are clearly stated.

The Form 4 properly identifies the reporting person’s role and relationship to the issuer and distinguishes direct ownership and the nature of MSPP awards. Notes clarify that Purchased Award RSUs are fully vested on grant but settle later, and Matching Award RSUs have a specified vest/settlement date. Signature by power-of-attorney is included. The filing contains no governance red flags such as unexplained transfers, pledging, or large, unexpected divestitures.

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*
McLean Kerry J

(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)
EVP, Gen. Counsel & Corp. Sec.
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
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
Common Stock 08/12/2025 M 185 A $0 23,724.8476 D
Common Stock 08/12/2025 M 178 A $0 23,902.8476 D
Common Stock 08/12/2025 F 172.515 D $706.09(1) 23,730.3326 D
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) (2) 08/12/2025 M 185 (3) 08/12/2025(4) Common Stock 185 $486.66 0 D
Restricted Stock Units (MSPP Matching Award) (2) 08/12/2025 M 178 08/12/2025(5) (6) Common Stock 178 $0(7) 0 D
Explanation of Responses:
1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
2. 1-for-1
3. 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.
4. 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.
5. Represents vesting and settlement date for restricted stock units (MSPP Matching Award).
6. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
7. 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 08/14/2025
** 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 transactions did Kerry J. McLean report on INTU Form 4?

The Form 4 reports acquisitions of 185 MSPP Purchased Award RSUs and 178 MSPP Matching Award RSUs and a disposition of 172.515 shares on 08/12/2025.

How many shares does McLean beneficially own after the reported transactions?

The filing lists beneficial ownership amounts in the range of 23,724.8476 to 23,902.8476 shares across reported lines.

At what price was the disposition reported on the Form 4?

The disposition of 172.515 shares is reported with a price of $706.09, noted as the fair market value on the prior trading day.

What are the vesting/settlement terms for the MSPP awards?

The MSPP Purchased Award RSUs are fully vested upon grant but settle on earlier of termination or three years from grant; the MSPP Matching Award RSUs have a specified vesting and settlement date as shown in the filing.

What is McLean’s role at Intuit as stated in the filing?

The filing lists Kerry J. McLean as EVP, General Counsel & Corporate Secretary and as an officer of Intuit Inc.
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MOUNTAIN VIEW