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[Form 4] Intuit Inc Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

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.

Positive
  • 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).
Negative
  • 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.

SEC Form 4
FORM 4 UNITED 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*
Aujla Sandeep

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

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 08/12/2025 M 105 A $0 872.9106 D
Common Stock 08/12/2025 M 105 A $0 977.9106 D
Common Stock 08/12/2025 F 105.368 D $706.09(1) 872.5426 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (MSPP Purchased Award) (2) 08/12/2025 M 105 (3) 08/12/2025(4) Common Stock 105 $486.66 0 D
Restricted Stock Units (MSPP Matching Award) (2) 08/12/2025 M 105 08/12/2025(5) (6) Common Stock 105 $0 0(7) D
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. Represents vesting and settlement date for restricted stock units (MSPP Matching Award).
6. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
7. Reporting person was awarded the restricted stock units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).
Remarks:
/s/ Erick Rivero, by power-of-attorney 08/14/2025
** Signature of Reporting Person Date
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.

FAQ

What transactions did Sandeep Aujla report on Form 4 for INTU?

The Form 4 reports acquisition entries dated 08/12/2025 consisting of a 105-unit MSPP Purchased Award and a 105-unit MSPP Matching Award, both tied to Intuit's management stock purchase program.

How many restricted stock units did the CFO receive under the MSPP?

The filing shows 105 restricted stock units for the MSPP Purchased Award and 105 restricted stock units for the MSPP Matching Award, totaling 210 units recorded on 08/12/2025.

What are the settlement or vesting terms disclosed for the MSPP awards?

Purchased RSUs are fully vested at grant but settlement occurs upon the earlier of termination of employment or three years from grant date; matching RSU vesting/settlement is referenced to 08/12/2025.

What price is shown for the MSPP Purchased Award?

The MSPP Purchased Award lists a price of $486.66 per share in the filing.

Who signed the Form 4 and when?

The form was signed by Erick Rivero by power-of-attorney on 08/14/2025.
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