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Intuit Inc. (INTU) EVP Cozzens exercises MSPP RSUs, with shares withheld for taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INTUIT INC. executive Tyler Ralph Cozzens exercised restricted stock units granted under a management stock purchase program into 173 shares of common stock on 2026-08-11, consisting of 89 MSPP Purchased Award units at $497.77 per share and 84 MSPP Matching Award units. In connection with these exercises, 56.229 shares of common stock, valued at $334.43 per share, were delivered or withheld for payment of exercise price or tax liability. The MSPP awards were fully vested and settled on the reported dates, and the filing indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Cozzens Tyler Ralph
Role EVP, Gen. Counsel & Corp. Sec.
Type Security Shares Price Value
Exercise Restricted Stock Units (MSPP Purchased Award) F2, F3, F4 89 $497.77 $44K
Exercise Restricted Stock Units (MSPP Matching Award) F5, F2, F6, F7 84 $0.00 $0.00
Exercise Common Stock 89 $0.00 $0.00
Exercise Common Stock 84 $0.00 $0.00
Exercise Price or Tax Liability Common Stock F1 56.229 $334.43 $19K
Holdings After Transaction: Restricted Stock Units (MSPP Purchased Award) — 0 shares (Direct); Restricted Stock Units (MSPP Matching Award) — 0 shares (Direct); Common Stock — 6,213.375 shares (Direct)
Footnotes (7)
  1. F1. Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
  2. F2. 1-for-1
  3. F3. 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. F4. 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. F5. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).
  6. F6. Represents vesting and settlement date for restricted stock units (MSPP Matching Award).
  7. F7. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
RSUs Exercised (Total) 173 shares Total MSPP Purchased and Matching Award RSUs converted to common stock on 2026-08-11
MSPP Purchased Award Units 89 shares Restricted stock units (MSPP Purchased Award) exercised into common stock
MSPP Matching Award Units 84 shares Restricted stock units (MSPP Matching Award) vested and settled into common stock
Value per MSPP Purchased Unit $497.77 per share Reported transaction price for MSPP Purchased Award RSUs converting into common stock
Shares Withheld/Delivered 56.229 shares Common shares used for payment of exercise price or tax liability
FMV for Withheld Shares $334.43 per share Fair market value on trading day immediately preceding the transaction date
Restricted Stock Units financial
"Restricted stock units (MSPP Purchased Award) are fully vested upon grant"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
management stock purchase program (MSPP) financial
"awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation"
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
vesting and settlement date financial
"Represents vesting and settlement date for restricted stock units (MSPP Matching Award)."

FAQ

What did INTU executive Tyler Ralph Cozzens report in this Form 4?

Cozzens exercised 173 restricted stock units into common stock and had 56.229 shares withheld or delivered to cover exercise price or tax liability related to those MSPP awards.

How many INTU shares did Tyler Ralph Cozzens acquire and dispose of?

He acquired 173 shares of Intuit common stock through RSU exercises and delivered or had withheld 56.229 shares for payment of exercise price or tax liability associated with those exercises.

What were the key prices involved in Tyler Cozzens’ INTU Form 4 transactions?

The MSPP Purchased Award units converted into common stock at a reported value of $497.77 per share, while the shares withheld or delivered for obligations were valued at $334.43 per share, based on fair market value.

Were Tyler Cozzens’ INTU transactions under a Rule 10b5-1 trading plan?

No. The Form 4 box for Rule 10b5-1 status is unchecked, indicating these transactions were not made pursuant to an affirmative 10b5-1 trading plan for pre-arranged trading.

What are MSPP Purchased and Matching Awards in the INTU filing?

They are restricted stock units granted under a management stock purchase program (MSPP). Purchased Awards are fully vested upon grant, while Matching Awards are granted for voluntary participation and vest and settle on specified dates.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Cozzens Tyler Ralph

(Last)(First)(Middle)
C/O INTUIT INC.
2700 COAST AVENUE

(Street)
MOUNTAIN VIEW CALIFORNIA 94043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Gen. Counsel & Corp. Sec.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/11/2026M89A$06,185.604D
Common Stock08/11/2026M84A$06,269.604D
Common Stock08/11/2026F56.229D$334.43(1)6,213.375D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (MSPP Purchased Award)(2)08/11/2026M89 (3)08/11/2026(4)Common Stock89$497.770D
Restricted Stock Units (MSPP Matching Award)(5)(2)08/11/2026M8408/11/2026(6) (7)Common Stock84$00D
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. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).
6. Represents vesting and settlement date for restricted stock units (MSPP Matching Award).
7. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Remarks:
/s/ Erick Rivero, by power-of-attorney08/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)