[Form 4] Intuit Inc Insider Trading Activity

Rhea-AI Filing Summary

Intuit Inc. (INTU) Form 4 details equity compensation granted to EVP & Chief Technology Officer Alex G. Balazs on 07/24/2025.

• 14,218 non-qualified stock options awarded with a $781.21 exercise price; 25 % vests 07/24/2026, the remainder vests monthly until fully vested on the four-year anniversary.
• 4,481 time-based restricted stock units; 25 % vests 07/01/2026, then 6.25 % vests quarterly (Oct 1, Dec 31, Apr 1, Jul 1) until completion.
• 8,615 target performance-based RSUs (0-200 % payout) tied to total shareholder return; cliff vest upon certification on 09/01/2028.
• No shares were sold or disposed; all positions are newly granted and held directly. Post-grant derivative holdings: 14,218 options, 4,481 RSUs, 8,615 perf-RSUs.

The filing represents routine executive equity incentives and does not reflect open-market insider trading.

Positive

• No insider selling; the CTO only received new equity awards, aligning incentives without adding selling pressure.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine equity awards; no buying or selling; neutral impact on INTU shares.

The Form 4 discloses standard compensation grants—options, time-based RSUs and performance RSUs—to the CTO. The option strike of $781.21 anchors the grant at prevailing market value, while staggered and performance-linked vesting aligns management incentives with long-term shareholder returns. Because no common shares were sold or purchased, the filing signals neither bullish nor bearish insider sentiment. The share count involved is modest in the context of a large-cap company and has negligible dilution. Overall, this is a typical executive incentive action with limited market significance.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Balazs Alex G.

(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, Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

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
Non-Qualified Stock Options (right to buy)	$781.21	07/24/2025		A		14,218		(1)	07/23/2032	Common Stock	14,218	$0	14,218	D
Restricted Stock Units(2)	(3)	07/24/2025		A		4,481		(4)	(5)	Common Stock	4,481	$0	4,481	D
Restricted Stock Units (performance-based vesting)(2)	(3)	07/24/2025		A		8,615(6)		09/01/2028(7)	(5)	Common Stock	8,615	$0	8,615	D

Explanation of Responses:

1. 25% of the stock options granted will vest on 7/24/2026 and thereafter 2 1/12% of the stock options will vest on each monthly anniversary such that the grant is fully vested on the 4th anniversary of the grant date.

2. Dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.

3. 1-for-1

4. 25% of the restricted stock units will vest on 07/01/2026; thereafter 6.25% of the restricted stock units will vest on each October 1, December 31, April 1 and July 1, until the award is fully vested.

5. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.

6. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2028. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.

7. Represents vesting date for restricted stock units (performance-based vesting).

Remarks:

	/s/ Erick Rivero, by power-of-attorney	07/28/2025
	** 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.
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FAQ

What equity did INTU grant to CTO Alex Balazs on 07/24/2025?

14,218 stock options, 4,481 RSUs, and 8,615 target performance RSUs were granted.

At what price were the INTU stock options granted?

The options have a $781.21 exercise price.

What is the vesting schedule for the time-based RSUs?

25 % vests on 07/01/2026, then 6.25 % vests on each Oct 1, Dec 31, Apr 1 and Jul 1 until fully vested.

Did the CTO sell any Intuit shares in this filing?

No. The Form 4 shows only new grants; no shares were sold or disposed of.