DALZELL RICHARD L 4

What Happened

• Richard L. Dalzell, a director of Intuit Inc. (INTU), sold a total of 1,004 shares in three open-market transactions. The sales occurred on June 9–11, 2026, for proceeds of about $289,448. This was a series of sales (not purchases or option exercises), typically viewed as routine insider selling rather than a direct bullish signal.

Key Details

• Transactions:
  • 2026-06-09: sold 333 shares @ $297.65, proceeds $99,117
  • 2026-06-10: sold 333 shares @ $287.50, proceeds $95,738
  • 2026-06-11: sold 338 shares @ $279.86, proceeds $94,593
• Total: 1,004 shares sold for approximately $289,448.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Trades were made pursuant to a Rule 10b5-1 trading plan adopted March 25, 2025 (pre-scheduled plan).
• Filing: Form 4 filed June 11, 2026; transactions occurred June 9–11, 2026. No late-filing indication provided in the supplied information.

Context

• 10b5-1 plans allow insiders to execute pre-arranged trades and are commonly used to avoid accusations of trading on insider knowledge; such sales often reflect planned liquidity rather than a change in view on the company.
• For retail investors, purchases by insiders are often considered more informative than routine sales; these entries should be seen as factual reporting of disposition rather than a forecast of company performance.