INTU Form 4: Goodarzi vests RSUs and reports trust holdings
Rhea-AI Filing Summary
Sasan K. Goodarzi, CEO, President and Director of Intuit Inc. (INTU), filed a Form 4 reporting equity activity on 10/01/2025. The filing shows the vesting/release of restricted stock units that resulted in the acquisition of 2,382.016 shares (reported as acquisitions) and a contemporaneous disposition of 1,185.817 shares at a price of $682.91 per share. Following the reported transactions, the filing shows beneficial ownership of approximately 52,544.676 shares held indirectly by trust (Goodarzi Rev Trust u/a dated 5/18/2012), of which the reporting person is a trustee. The Form notes that portions of vested restricted stock units were subject to one-year deferred release and some releases were accelerated to accommodate tax withholding obligations. The filing was signed by power-of-attorney on 10/02/2025.
Positive
- 2,382.016 shares acquired via vested restricted stock units on 10/01/2025
- Beneficial ownership is held indirectly by a trust, providing continuity of holdings
- Filing discloses that some RSU releases were deferred one year, showing structured vesting
Negative
- Disposition of 1,185.817 shares at $682.91 on 10/01/2025
- Some RSU releases were accelerated to accommodate tax withholding, reducing held shares
Insights
Insider disclosed RSU vesting and a partial sale on 10/01/2025.
The Form 4 shows 2,382.016 shares acquired through RSU vesting and a disposition of 1,185.817 shares at $682.91. The remaining beneficial ownership reported is 52,544.676 shares held indirectly by a trust.
This pattern—vesting combined with a partial sale—reflects routine executive equity compensation management and tax-withholding accommodations explicitly disclosed in the filing.
Vested RSUs were partially deferred and some releases accelerated for tax withholding.
The filing documents multiple vested restricted stock units subject to one-year deferred release and accelerated releases to satisfy tax-withholding obligations. Specific vested amounts include 653.531, 888.009, 802.009, and 38.467 RSUs tied to release dates and tax-related accelerations.
Because the filing states the sale proceeds price ($682.91) and the trust ownership, the disclosure is consistent with standard post-vesting tax-management steps rather than an unexplained large directional trade.