Sandeep Aujla - Sep 1, 2024 Form 4 Insider Report for INTUIT INC. (INTU)

Signature
/s/ Erick Rivero, by power-of-attorney
Stock symbol
INTU
Transactions as of
Sep 1, 2024
Transactions value $
-$1,381,643
Form type
4
Date filed
9/4/2024, 08:19 PM
Previous filing
Aug 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +2.62K +76.25% $0.00 6.04K Sep 1, 2024 Direct
transaction INTU Common Stock Tax liability -$846K -1.34K -22.21% $630.26 4.7K Sep 1, 2024 Direct
transaction INTU Common Stock Sale -$535K -862 -18.33% $621.03 3.84K Sep 4, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INTU Restricted Stock Units (performance-based vesting) Options Exercise $0 -2.62K -100% $0.00 0 Sep 1, 2024 Common Stock 2.62K Direct F2, F3, F4, 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 The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 3, 2024.
F2 1-for1.
F3 Represents the awarded and vested units pursuant to the Restricted Stock Units (performance-based vesting) grant related to achievement of certain total shareholder return objectives.
F4 Represents vesting and release date for Restricted Stock Units (performance-based vesting).
F5 Restricted Stock Units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.