[Form 4] Intuit Inc Insider Trading Activity
Rhea-AI Filing Summary
Intuit Inc. (INTU) reporting person Kerry J. McLean, EVP, General Counsel & Corporate Secretary, disclosed stock unit vesting and a sale on 09/01/2025. 7,267 performance-based restricted stock units vested and were converted 1-for-1 into 7,267 shares at no cash price, increasing holdings to 30,997.3326 shares (direct). Separately, 3,478 shares were sold at an effective per-share value based on the prior trading day's fair market value, reducing post-transaction holdings to 27,519.3326 shares (direct). The Form 4 was signed by power-of-attorney on 09/03/2025.
Positive
- Alignment with shareholders: 7,267 performance-based RSUs vested, indicating achievement of total shareholder return objectives and alignment of executive pay with shareholder outcomes.
- Transparency: Filing discloses both the vesting conversion and the subsequent sale with exact post-transaction holdings.
Negative
- Insider sale: 3,478 shares were disposed of on 09/01/2025, reducing direct holdings from 30,997.3326 to 27,519.3326 shares.
Insights
TL;DR: Insider vesting aligns executive compensation with shareholder returns; a partial sale followed vesting.
The filing shows performance-based restricted stock units vested for Kerry J. McLean and converted into common shares on 09/01/2025, indicating achievement of TSR objectives tied to the grant. A contemporaneous sale of 3,478 shares at the prior trading day's fair market value reduced direct holdings. This is a routine disclosure of compensation realization and subsequent disposition under Section 16 reporting rules.
TL;DR: Vesting of 7,267 PSUs and a sale of 3,478 shares are material to insider holdings but typical for executive compensation events.
The report quantifies the conversion of performance-based RSUs into 7,267 shares (1-for-1) with no purchase price and a sale of 3,478 shares valued at the prior trading day's market price. Post-transactions, direct beneficial ownership is reported precisely. No grants, option exercises, or expirations beyond the described PSU vesting are disclosed.