Vazquez Raul 4

What Happened
Raul Vazquez, a director of Intuit (INTU), reported derivative activity on Jan 22–23, 2026. On Jan 22 he reported an exercise/conversion of 347 derivative shares (code M) at $0.00 (acquired) and a same-day disposition of 347 derivative shares at $0.00. On Jan 23 he reported a grant/award of 497 derivative shares (code A) at $0.00. All transactions are reported with $0 consideration on the Form 4.

Key Details

• Transaction dates and amounts:
  • 2026-01-22: Exercise/conversion (M) — 347 shares acquired @ $0.00
  • 2026-01-22: Exercise/conversion (M) — 347 shares disposed @ $0.00
  • 2026-01-23: Grant/award (A) — 497 shares acquired @ $0.00
• Reported value: all transactions show $0.00 consideration (no cash amount reported).
• Shares owned after transaction: the filing provided does not disclose total post-transaction beneficial ownership in the supplied summary.
• Notable footnotes from the filing:
  • F1: Since his last report, Vazquez transferred 1,059 shares to his former spouse pursuant to a domestic relations order and ceased to be the beneficial owner of those shares (non-market transfer).
  • F2: 1-for-1 (notation in filing).
  • F3: Indicates vesting date for the restricted stock units.
  • F4: Indicates release date for vested restricted stock units; RSUs either vest or are canceled and do not expire.
• Timeliness: Filing was submitted on 2026-01-26 reporting transactions dated 2026-01-22 and 2026-01-23; the Form 4 shows these dates but does not in the provided summary indicate any late-filing code.

Context

• The M-code activity denotes a conversion/exercise of a derivative; the matching same-day disposal suggests those converted derivative shares were disposed of immediately. Both the conversion and disposal are reported at $0.00 on the form.
• The A-code activity is a grant/award of derivative shares (e.g., restricted stock units); footnotes reference vesting and release mechanics (F3/F4), meaning these are standard equity compensation events rather than open-market purchases or sales.
• The transfer of 1,059 shares under a domestic relations order is a non-market transfer and should not be interpreted as a trade signaling sentiment.