INTUIT INC.·4

Jul 6, 5:07 PM ET

Aujla Sandeep 4

4 · INTUIT INC. · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Intuit (INTU) CFO Sandeep Aujla Exercises Awards and Withholds Shares

What Happened

  • Sandeep Aujla, Executive Vice President and Chief Financial Officer of Intuit, had 1,857 shares (346 + 350 + 1,161) issued on July 1, 2026 via exercise/conversion of derivative awards (likely a tranche of restricted stock units). To cover tax withholding, 953.571 shares were surrendered at $261.00 per share (the reported fair market value), generating a withholding amount of $248,882. The remaining net shares from this vesting equal 903.429 shares (1,857 − 953.571).

Key Details

  • Transaction date: July 1, 2026.
  • Acquired via exercise/conversion (code M): 346, 350, and 1,161 shares (total 1,857) at $0.00 exercise price (consistent with RSU conversion).
  • Tax withholding (code F): 953.571 shares withheld/disposed at $261.00/share for $248,882 (F1 indicates $261 is prior trading day's fair market value).
  • Net shares retained from this vesting: 903.429 shares.
  • Footnotes: F1 = fair market value on prior trading day; F3 = vesting date for this tranche; F4 = RSUs do not expire. F2 indicates 1-for-1 (share conversion ratio).
  • Filing timeliness: No late-filing indicator noted in the report.

Context

  • This appears to be a routine vesting/conversion of restricted stock units (derivative conversion) with shares withheld to satisfy tax obligations — a common, non-market directional event. The filing shows conversion (M) and a tax-withholding disposition (F), not an open-market sale by the insider.

Insider Transaction Report

Form 4
Period: 2026-07-01
Aujla Sandeep
EVP and CFO
Transactions
  • Exercise/Conversion

    Common Stock

    2026-07-01+3462,554.775 total
  • Exercise/Conversion

    Common Stock

    2026-07-01+3502,904.775 total
  • Exercise/Conversion

    Common Stock

    2026-07-01+1,1614,065.775 total
  • Tax Payment

    Common Stock

    [F1]
    2026-07-01$261.00/sh953.571$248,8823,112.204 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3][F4]
    2026-07-013461,385 total
    From: 2026-07-01Common Stock (346 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3][F4]
    2026-07-013502,794 total
    From: 2026-07-01Common Stock (350 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3][F4]
    2026-07-011,1613,480 total
    From: 2026-07-01Common Stock (1,161 underlying)
Footnotes (4)
  • [F1]Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction.
  • [F2]1-for-1
  • [F3]Represents vesting date for this tranche of restricted stock units.
  • [F4]Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
Signature
/s/ Erick Rivero, by power-of-attorney|2026-07-06

Documents

1 file
  • 4
    wk-form4_1783372020.xmlPrimary

    FORM 4