STOCK TITAN

[Form 4] Intuit Inc Insider Trading Activity

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

Hilliard Caryl Lyn, EVP, People and Places at Intuit Inc. (INTU), reported transactions dated 09/01/2025. Performance-based restricted stock units vested on that date, converting 3,633 RSUs into common shares at no cash exercise price. To cover taxes or related obligations, 1,802.261 of those shares were disposed of at a reported price equal to the prior trading day's fair market value of $667 per share. Following the reported transactions, beneficial ownership is shown as 24,202.091 shares after the acquisition line and 22,399.83 shares after the disposition line. The filing notes the RSUs were granted for meeting total shareholder return performance objectives, vest 1-for-1 into common stock, do not expire, and the form was signed by power of attorney on 09/03/2025.

Hilliard Caryl Lyn, EVP, People and Places presso Intuit Inc. (INTU), ha riportato operazioni in data 01/09/2025. Performance-based restricted stock unit (RSU) sono maturate in quella data, convertendo 3.633 RSU in azioni ordinarie senza alcun prezzo di esercizio in contanti. Per coprire imposte o obblighi correlati, 1.802,261 di quelle azioni sono state cedute a un prezzo dichiarato pari al fair market value del giorno di negoziazione precedente di $667 per azione. Dopo le operazioni dichiarate, la titolarità effettiva risulta essere 24.202,091 azioni dopo la riga di acquisizione e 22.399,83 azioni dopo la riga di disposizione. Il deposito indica che le RSU sono state assegnate per il raggiungimento degli obiettivi di rendimento totale per gli azionisti, maturano 1 a 1 in azioni ordinarie, non scadono e il modulo è stato firmato per procura il 03/09/2025.

Hilliard Caryl Lyn, EVP de People and Places en Intuit Inc. (INTU), reportó transacciones con fecha 01/09/2025. Unidades restringidas de acciones basadas en desempeño (RSU) vencieron en esa fecha, convirtiendo 3.633 RSU en acciones comunes sin precio de ejercicio en efectivo. Para cubrir impuestos u obligaciones relacionadas, se dispusieron 1.802,261 de esas acciones a un precio reportado igual al valor de mercado justo del día hábil anterior de $667 por acción. Tras las transacciones reportadas, la propiedad beneficiaria queda en 24.202,091 acciones tras la línea de adquisición y 22.399,83 acciones tras la línea de disposición. El informe señala que las RSU se otorgaron por cumplir objetivos de rendimiento total para accionistas, convierten 1 a 1 en acciones comunes, no expiran y el formulario fue firmado por poder el 03/09/2025.

Hilliard Caryl Lyn, EVP, People and Places at Intuit Inc. (INTU),는 2025-09-01자 거래를 보고했습니다. 성과 기반 제한주(RSU)가 해당 일자에 베스팅되어 3,633 RSU가 현금 행사가 없이 보통주로 전환되었습니다. 세금 또는 관련 의무를 충당하기 위해 그 중 1,802.261주가 전일의 공정시장가치인 주당 $667에 처분되었습니다. 보고된 거래 이후 실소유는 취득 항목 후 24,202.091주, 처분 항목 후 22,399.83주로 표시됩니다. 제출서에는 RSU가 총주주수익률 목표 달성에 따라 부여되었고 1대1로 보통주로 전환되며 만료되지 않고, 해당 양식은 2025-09-03에 위임장으로 서명되었음이 기재되어 있습니다.

Hilliard Caryl Lyn, EVP, People and Places chez Intuit Inc. (INTU), a déclaré des transactions datées du 01/09/2025. Des unités d'action restreintes à base de performance (RSU) ont été acquises à cette date, convertissant 3 633 RSU en actions ordinaires sans prix d'exercice en numéraire. Pour couvrir les impôts ou obligations associées, 1 802,261 de ces actions ont été cédées au prix déclaré égal à la juste valeur de marché du jour de bourse précédent, soit $667 par action. Après les transactions déclarées, la détention bénéficiaire est de 24 202,091 actions après la ligne d'acquisition et de 22 399,83 actions après la ligne de disposition. Le dépôt précise que les RSU ont été attribuées pour avoir atteint des objectifs de rendement total pour les actionnaires, qu'elles se convertissent 1 pour 1 en actions ordinaires, n'expirent pas, et que le formulaire a été signé par procuration le 03/09/2025.

Hilliard Caryl Lyn, EVP, People and Places bei Intuit Inc. (INTU), meldete Transaktionen vom 01.09.2025. Performance-basierte Restricted Stock Units (RSU) wurden an diesem Datum fällig und wandelten 3.633 RSU in Stammaktien ohne Barausübungspreis um. Zur Deckung von Steuern oder ähnlichen Verpflichtungen wurden 1.802,261 dieser Aktien veräußert – zum gemeldeten Preis in Höhe des fairen Marktwerts des vorherigen Handelstags von $667 pro Aktie. Nach den gemeldeten Transaktionen ergibt sich ein wirtschaftliches Eigentum von 24.202,091 Aktien nach der Erwerbszeile und 22.399,83 Aktien nach der Veräußerungszeile. Die Meldung weist darauf hin, dass die RSU zur Erreichung der Total Shareholder Return-Ziele gewährt wurden, 1:1 in Stammaktien umwandeln, nicht verfallen und das Formular am 03.09.2025 per Vollmacht unterschrieben wurde.

Positive
  • Performance-based RSUs vested, indicating achievement of specified total shareholder return objectives
  • Partial sell-to-cover executed, leaving the reporting executive with continued meaningful share ownership
Negative
  • None.

Insights

TL;DR: Routine performance-RSU vesting with a partial sell-to-cover; typical for senior executives, limited direct market impact.

The reported activity reflects standard compensation mechanics: performance-based restricted stock units vested after achieving specified total shareholder return goals and converted 1-for-1 into common shares. The simultaneous disposition of 1,802.261 shares at the prior trading day's fair market value appears consistent with tax withholding or sell-to-cover settlement rather than an opportunistic open-market sale. The net increase in long-term aligned equity remains modest vis-à-vis Intuit's market capitalization. For investors, this is a governance/compensation disclosure rather than a material corporate development.

TL;DR: Disclosure is complete and standard; it documents executive pay delivery and routine post-vesting mechanics.

The form clarifies the nature of the award: performance-based RSUs tied to total shareholder return, vesting and release on 09/01/2025, with no expiration. The filing includes both the grant conversion and a disposition, likely for tax withholding. Signature by power of attorney is noted. This filing does not signal governance concerns or extraordinary insider activity based on the information provided.

Hilliard Caryl Lyn, EVP, People and Places presso Intuit Inc. (INTU), ha riportato operazioni in data 01/09/2025. Performance-based restricted stock unit (RSU) sono maturate in quella data, convertendo 3.633 RSU in azioni ordinarie senza alcun prezzo di esercizio in contanti. Per coprire imposte o obblighi correlati, 1.802,261 di quelle azioni sono state cedute a un prezzo dichiarato pari al fair market value del giorno di negoziazione precedente di $667 per azione. Dopo le operazioni dichiarate, la titolarità effettiva risulta essere 24.202,091 azioni dopo la riga di acquisizione e 22.399,83 azioni dopo la riga di disposizione. Il deposito indica che le RSU sono state assegnate per il raggiungimento degli obiettivi di rendimento totale per gli azionisti, maturano 1 a 1 in azioni ordinarie, non scadono e il modulo è stato firmato per procura il 03/09/2025.

Hilliard Caryl Lyn, EVP de People and Places en Intuit Inc. (INTU), reportó transacciones con fecha 01/09/2025. Unidades restringidas de acciones basadas en desempeño (RSU) vencieron en esa fecha, convirtiendo 3.633 RSU en acciones comunes sin precio de ejercicio en efectivo. Para cubrir impuestos u obligaciones relacionadas, se dispusieron 1.802,261 de esas acciones a un precio reportado igual al valor de mercado justo del día hábil anterior de $667 por acción. Tras las transacciones reportadas, la propiedad beneficiaria queda en 24.202,091 acciones tras la línea de adquisición y 22.399,83 acciones tras la línea de disposición. El informe señala que las RSU se otorgaron por cumplir objetivos de rendimiento total para accionistas, convierten 1 a 1 en acciones comunes, no expiran y el formulario fue firmado por poder el 03/09/2025.

Hilliard Caryl Lyn, EVP, People and Places at Intuit Inc. (INTU),는 2025-09-01자 거래를 보고했습니다. 성과 기반 제한주(RSU)가 해당 일자에 베스팅되어 3,633 RSU가 현금 행사가 없이 보통주로 전환되었습니다. 세금 또는 관련 의무를 충당하기 위해 그 중 1,802.261주가 전일의 공정시장가치인 주당 $667에 처분되었습니다. 보고된 거래 이후 실소유는 취득 항목 후 24,202.091주, 처분 항목 후 22,399.83주로 표시됩니다. 제출서에는 RSU가 총주주수익률 목표 달성에 따라 부여되었고 1대1로 보통주로 전환되며 만료되지 않고, 해당 양식은 2025-09-03에 위임장으로 서명되었음이 기재되어 있습니다.

Hilliard Caryl Lyn, EVP, People and Places chez Intuit Inc. (INTU), a déclaré des transactions datées du 01/09/2025. Des unités d'action restreintes à base de performance (RSU) ont été acquises à cette date, convertissant 3 633 RSU en actions ordinaires sans prix d'exercice en numéraire. Pour couvrir les impôts ou obligations associées, 1 802,261 de ces actions ont été cédées au prix déclaré égal à la juste valeur de marché du jour de bourse précédent, soit $667 par action. Après les transactions déclarées, la détention bénéficiaire est de 24 202,091 actions après la ligne d'acquisition et de 22 399,83 actions après la ligne de disposition. Le dépôt précise que les RSU ont été attribuées pour avoir atteint des objectifs de rendement total pour les actionnaires, qu'elles se convertissent 1 pour 1 en actions ordinaires, n'expirent pas, et que le formulaire a été signé par procuration le 03/09/2025.

Hilliard Caryl Lyn, EVP, People and Places bei Intuit Inc. (INTU), meldete Transaktionen vom 01.09.2025. Performance-basierte Restricted Stock Units (RSU) wurden an diesem Datum fällig und wandelten 3.633 RSU in Stammaktien ohne Barausübungspreis um. Zur Deckung von Steuern oder ähnlichen Verpflichtungen wurden 1.802,261 dieser Aktien veräußert – zum gemeldeten Preis in Höhe des fairen Marktwerts des vorherigen Handelstags von $667 pro Aktie. Nach den gemeldeten Transaktionen ergibt sich ein wirtschaftliches Eigentum von 24.202,091 Aktien nach der Erwerbszeile und 22.399,83 Aktien nach der Veräußerungszeile. Die Meldung weist darauf hin, dass die RSU zur Erreichung der Total Shareholder Return-Ziele gewährt wurden, 1:1 in Stammaktien umwandeln, nicht verfallen und das Formular am 03.09.2025 per Vollmacht unterschrieben wurde.

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*
Hilliard Caryl Lyn

(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, People and Places
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
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 09/01/2025 M 3,633 A $0 24,202.091 D
Common Stock 09/01/2025 F 1,802.261 D $667(1) 22,399.83 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 (performance-based vesting) (2) 09/01/2025 M 3,633(3) 09/01/2025(4) (5) Common Stock 3,633 $0 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. Represents the awarded and vested units pursuant to the restricted stock units (performance-based vesting) grant related to achievement of certain total shareholder return objectives.
4. Represents vesting and release date for restricted stock units (performance-based vesting).
5. Restricted stock units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.
Remarks:
/s/ Erick Rivero, by power-of-attorney 09/03/2025
** 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 Hilliard Caryl Lyn report on Form 4 for INTU?

The report shows 3,633 performance-based RSUs vested on 09/01/2025 and 1,802.261 shares were disposed of at a reported price of $667 per share.

Why were 1,802.261 shares disposed after the RSU vesting?

The filing lists a disposition at the prior trading day's fair market value; the explanatory language and common practice indicate this is consistent with tax withholding or sell-to-cover following vesting.

How many shares does Hilliard Caryl Lyn beneficially own after these transactions?

The filing lists beneficial ownership figures of 24,202.091 shares after the acquisition line and 22,399.83 shares following the disposition line.

What triggers the RSU vesting reported in this Form 4?

The RSUs were performance-based, vesting upon achievement of certain total shareholder return objectives; they convert 1-for-1 into common stock.

Do these RSUs expire if unvested?

No; the filing states the performance-based restricted stock units do not expire and either vest or are canceled prior to a vesting date.
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MOUNTAIN VIEW