[Form 4] INTUIT INC. Insider Trading Activity
Caryl Lyn Hilliard, EVP, People and Places at Intuit Inc. (INTU), reported multiple transactions on 10/01/2025. Three tranches of restricted stock units (RSUs) vested—122, 111, and 88 RSUs—converting 1-for-1 into common stock. The filing shows a disposition of 164.834 common shares at a price equal to the prior trading day's fair market value of $682.91 per share, and the reporting person beneficially owned approximately 22,555.996 shares following the reported transactions. The transactions were reported on a Form 4 signed by a power of attorney on 10/02/2025. The document notes that RSUs do not expire and that the listed vesting date for these tranches was 10/01/2025.
- 321 RSUs vested (122 + 111 + 88) on 10/01/2025, converting to common stock
- Beneficial ownership ~22,555.996 shares after the transactions, indicating continued equity stake
- 164.834 shares disposed at $682.91 per share on or around 10/01/2025, reducing holdings
- Sale reported may partially offset the immediate economic ownership increase from vesting
Insights
TL;DR: EVP received 321 vested RSUs and sold 164.834 shares at FMV for withholding.
The filing shows three RSU tranches of 122, 111, and 88 that vested on 10/01/2025, totaling 321 underlying shares that converted 1-for-1 to common stock. Such vesting events are routine components of executive compensation and increase the reporting person’s direct ownership by the vested amount.
The disposition of 164.834 shares at the prior trading day's fair market value of $682.91 per share appears alongside the vesting and likely reflects a sell-to-cover or tax-withholding action tied to the RSU vesting; the form explicitly cites the FMV used. Reported beneficial ownership after the transactions is approximately 22,555.996 shares, reflecting the net effect of the vesting and disposition.