DALZELL RICHARD L 4
Research Summary
AI-generated summary
Intuit (INTU) Director Richard Dalzell Sells 284 Shares
What Happened
Richard L. Dalzell, a director of Intuit Inc. (INTU), disposed of 284 shares on June 16, 2026 in an open-market sale at $282.20 per share, for an aggregate reported value of $80,145. This was a sale (not a purchase), commonly a routine disposition rather than an explicit positive signal about the stock.
Key Details
- Transaction date: 2026-06-16; Price: $282.20 per share; Shares sold: 284; Reported value: $80,145.
- Transaction type/code: Sale (S) — open market or private sale as reported.
- Footnote: The sale was effected under a Rule 10b5-1 trading plan adopted by Mr. Dalzell on January 8, 2026.
- Filing date: Form 4 filed 2026-06-17 (one day after the trade), which is within normal Form 4 timing requirements.
- Shares owned after transaction: Not disclosed in the provided filing summary.
Context
A 10b5-1 plan allows insiders to execute prearranged trades regardless of any subsequent material nonpublic information; such sales are often routine and pre-planned. This transaction should be viewed as a scheduled disposition under that plan, not a direct statement about management’s view of Intuit’s near-term prospects.