Intuit Inc: CFO Sandeep Aujla exercised 985 shares

What happened Sandeep Aujla, executive vice president and chief financial officer, exercised options that resulted in the acquisition of 985 shares on Oct 1, 2026. The filing shows 985 shares were also reported as disposed (derivative) at $0. Additionally, 505.799 shares were surrendered to cover tax liabilities at $275.71 per share, totaling $139,454.

Key details

• Transaction date: Oct 1, 2026. Filing date: Oct 5, 2026.
• Prices and values: tax withholding at $275.71 per share for 505.799 shares = $139,454; derivative disposals reported at $0 for 985 shares.
• Shares acquired: 985 shares (346, 349 and 290 share tranches).
• Shares surrendered/ disposed: 505.799 shares withheld for tax; 985 shares reported as disposed (derivative) at $0.
• Shares owned after the transaction: not specified in this Form 4.
• Transaction codes in the filing: M (option exercise) and F (payment of exercise price or tax liability).
• Footnotes of note: F1 = fair market value of Intuit common stock on the trading day immediately preceding the 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.

Why it may matter The filing shows exercised derivative instruments with shares withheld to satisfy tax liabilities, consistent with a cashless or net-settlement type of transaction. This filing does not show why the insider traded or why the company acted.