[Form 4] Intuit Inc Insider Trading Activity
Sandeep Aujla, EVP and CFO of Intuit Inc. (INTU), reported changes in beneficial ownership on 08/12/2025. The filing shows acquisitions tied to the company's management stock purchase program (MSPP): 105 shares recorded as a MSPP Purchased Award and 105 shares recorded as a MSPP Matching Award, both dated 08/12/2025. The MSPP Purchased Award lists 105 underlying restricted stock units with a stated price of $486.66 and settlement described as the earlier of termination or three years from grant. The MSPP Matching Award shows 105 restricted stock units awarded at $0 and a vest/settlement reference dated 08/12/2025. The filing is signed by power-of-attorney on 08/14/2025.
- Executive alignment with shareholders: CFO participated in the MSPP and received both purchased and matching restricted stock units.
- Transparent settlement terms: Purchased RSUs are fully vested at grant with clear settlement timing (earlier of termination or three years).
- None.
Insights
TL;DR: Executive participation in an employee purchase program and receipt of matching restricted stock units is routine compensation practice, not a material corporate event.
The disclosure documents standard executive participation in Intuit's MSPP, with the CFO receiving a purchased award and a matching award totaling 210 restricted stock units granted or recorded on 08/12/2025. The filing clarifies vesting/settlement mechanics: purchased RSUs are fully vested upon grant but settle at termination or after three years; matching RSUs have a vest/settlement reference on 08/12/2025. From a governance perspective, these transactions align executive incentives with shareholder interests through equity compensation rather than cash, and they follow established program rules.
TL;DR: The CFO received 105 purchased RSUs and 105 matching RSUs under the MSPP; settlement timing affects when shares are delivered.
The form shows two principal equity entries tied to the MSPP: a 105-unit Purchased Award with an indicated price of $486.66 per share and a 105-unit Matching Award noted at $0. The Purchased Award is described as fully vested on grant but subject to settlement timing (earlier of termination or three years), which delays actual share delivery and any associated voting or sale. These mechanics are common and suggest compensation-through-equity rather than an opportunistic open-market purchase by the officer.