Aujla Sandeep 4

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.