Aujla Sandeep 4
4 · INTUIT INC. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
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
INTUIT INC.INTU
Aujla Sandeep
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2026-07-01+346→ 2,554.775 total - Exercise/Conversion
Common Stock
2026-07-01+350→ 2,904.775 total - Exercise/Conversion
Common Stock
2026-07-01+1,161→ 4,065.775 total - Tax Payment
Common Stock
[F1]2026-07-01$261.00/sh−953.571$248,882→ 3,112.204 total - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2026-07-01−346→ 1,385 totalFrom: 2026-07-01→ Common Stock (346 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2026-07-01−350→ 2,794 totalFrom: 2026-07-01→ Common Stock (350 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2026-07-01−1,161→ 3,480 totalFrom: 2026-07-01→ Common 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