Mark P. Notarainni - 05 Sep 2023 Form 4 Insider Report for INTUIT INC. (INTU)

Signature
/s/ Stacey Doynow, by power-of-attorney
Issuer symbol
INTU
Transactions as of
05 Sep 2023
Net transactions value
-$3,988,361
Form type
4
Filing time
07 Sep 2023, 18:44:31 UTC
Previous filing
06 Sep 2023
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Sale $655,565 -1,200 -15% $546.30 6,943 05 Sep 2023 Direct F1
transaction INTU Common Stock Sale $1,265,742 -2,311 -33% $547.70 4,632 05 Sep 2023 Direct F2
transaction INTU Common Stock Sale $768,626 -1,401 -30% $548.63 3,231 05 Sep 2023 Direct F3
transaction INTU Common Stock Sale $1,071,709 -1,950 -60% $549.59 1,281 05 Sep 2023 Direct F4
transaction INTU Common Stock Sale $226,719 -412 -32% $550.29 869 05 Sep 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades ranging from $545.90 to $546.895. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades ranging from $547.05 to $548.05. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades ranging from $548.09 to $549.09. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades ranging from $549.13 to $550.12. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades ranging from $550.14 to $550.55. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

Transactions effected pursuant to a 10b5-1 trading plan adopted by the reporting person on July 10, 2023.