Sandeep Aujla - 01 Oct 2024 Form 4 Insider Report for INTUIT INC. (INTU)

Signature
/s/ Erick Rivero, by power-of-attorney
Issuer symbol
INTU
Transactions as of
01 Oct 2024
Net transactions value
-$1,431,123
Form type
4
Filing time
03 Oct 2024, 18:40:53 UTC
Previous filing
04 Sep 2024
Next filing
11 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +89 +2.4% $0.000000 3,807 01 Oct 2024 Direct F1
transaction INTU Common Stock Options Exercise $0 +2,665 +70% $0.000000 6,472 01 Oct 2024 Direct
transaction INTU Common Stock Options Exercise $0 +346 +5.3% $0.000000 6,818 01 Oct 2024 Direct
transaction INTU Common Stock Tax liability $965,108 -1,592 -23% $606.28 5,226 01 Oct 2024 Direct
transaction INTU Common Stock Sale $466,015 -775 -15% $601.31 4,451 03 Oct 2024 Direct F2

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 Options Exercise $0 -89 -25% $0.000000 268 01 Oct 2024 Common Stock 89 Direct F3, F4, F5
transaction INTU Restricted Stock Units Options Exercise $0 -2,665 -14% $0.000000 15,990 01 Oct 2024 Common Stock 2,665 Direct F3, F4, F5
transaction INTU Restricted Stock Units Options Exercise $0 -346 -8.3% $0.000000 3,808 01 Oct 2024 Common Stock 346 Direct 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 Total reflects 136 shares that were previously inadvertently reported as issued shares rather than withheld for taxes in the Form 4 for the reporting person filed on September 6, 2023, due to an administrative error, and 14.42 shares acquired pursuant to dividend reinvestments that were not previously disclosed.
F2 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.
F3 1-for-1
F4 Represents vesting date for this tranche of Restricted Stock Units.
F5 Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date.