Sasan K. Goodarzi - Dec 30, 2024 Form 4 Insider Report for INTUIT INC. (INTU)

Signature
/s/ Erick Rivero, by power-of-attorney
Stock symbol
INTU
Transactions as of
Dec 30, 2024
Transactions value $
-$30,253,403
Form type
4
Date filed
1/2/2025, 04:24 PM
Previous filing
Dec 16, 2024
Next filing
Jan 6, 2025

Transactions Table

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 -933 -33.33% $0.00 1.87K Dec 31, 2024 Common Stock 933 Direct F12, F13, F14, F15
transaction INTU Restricted Stock Units Options Exercise $0 -683 -14.66% $0.00 3.98K Dec 31, 2024 Common Stock 683 Direct F12, F15, F16, F17
transaction INTU Restricted Stock Units Options Exercise $0 -888 -9.23% $0.00 8.72K Dec 31, 2024 Common Stock 888 Direct F12, F15, F18, F19
transaction INTU Restricted Stock Units Options Exercise $0 -1.57K -12.39% $0.00 11.1K Dec 31, 2024 Common Stock 1.57K Direct F12, F15, F20, F21
transaction INTU Restricted Stock Units Options Exercise $0 -76.9 -0.56% $0.00 13.7K Dec 31, 2024 Common Stock 76.9 Direct F12, F15, F22
transaction INTU Non-Qualified Stock Options (right to buy) Options Exercise $0 -40.5K -100% $0.00 0 Dec 31, 2024 Common Stock 40.5K $216.64 Direct F23
transaction INTU Non-Qualified Stock Options (right to buy) Options Exercise $0 -34.5K -56.48% $0.00 26.6K Dec 31, 2024 Common Stock 34.5K $281.60 Direct F23
* 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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on September 30, 2024.
F2 Shares held in Goodarzi Rev Trust u/a Dtd 5/18/2012 of which reporting person is a trustee.
F3 This transaction was executed in multiple trades ranging from $628.54 to $629.53. 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 $629.56 to $630.43. 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 $630.63 to $631.58. 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.
F6 This transaction was executed in multiple trades ranging from $631.66 to $632.56. 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.
F7 This transaction was executed in multiple trades ranging from $626.64 to $627.63. 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.
F8 This transaction was executed in multiple trades ranging from $627.68 to $628.67. 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.
F9 This transaction was executed in multiple trades ranging from $628.68 to $629.66. 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.
F10 This transaction was executed in multiple trades ranging from $629.68 to $630.65. 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.
F11 This transaction was executed in multiple trades ranging from $630.69 to $630.9089. 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.
F12 1-for-1
F13 Represents 933 vested Restricted Stock Units which were subject to a one year deferred release
F14 Represents release date for these vested restricted stock units.
F15 Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date.
F16 Represents 653 vested Restricted Stock Units which were subject to a one year deferred release and 30.470 vested Restricted Stock Units for which release was accelerated to accommodate tax withholding obligations in connection with Restricted Stock Units which vested on 12/31/2024 but are subject to deferred release.
F17 Represents release date for 653 vested Restricted Stock Units and vesting and release date for 30.47 Restricted Stock Units.
F18 Represents 848 vested Restricted Stock Units which were subject to a one year deferred release and 39.561 vested Restricted Stock Units for which release was accelerated to accommodate tax withholding obligations in connection with Restricted Stock Units which vested on 12/31/2024 but are subject to deferred release.
F19 Represents release date for 848 vested Restricted Stock Units and vesting and release date for 39.561 Restricted Stock Units.
F20 Represents 1533 vested Restricted Stock Units which were subject to a one year deferred release and 35.779 vested Restricted Stock Units for which release was accelerated to accommodate tax withholding obligations in connection with Restricted Stock Units which vested on 12/31/2024 but are subject to deferred release.
F21 Represents release date for 1533 vested Restricted Stock Units and vesting and release date for 35.779 Restricted Stock Units.
F22 Represents vesting and release date for this portion of Restricted Stock Units to accommodate tax withholding obligations in connection with vesting and deferred release of certain Restricted Stock Units granted on 7/25/2024.
F23 Represents final vesting date for this award.