Form 4: Intuit CEO Sasan Goodarzi Reports Routine Stock Transactions

Intuit CEO Sasan Goodarzi reported the acquisition of common stock through restricted stock unit vesting and subsequent disposal for tax withholding.

Summary

• Sasan K Goodarzi, CEO, President, and Director of Intuit Inc. (INTU), reported transactions on October 1, 2025.
• Acquired a total of 2,382.016 shares of Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Disposed of 1,185.817 shares of Common Stock at a price of $682.91 per share to cover tax withholding obligations.
• Following these transactions, Goodarzi beneficially owns 52,544.676 shares of Common Stock indirectly through a trust.
• The transactions involved the release of vested restricted stock units, some of which had a one-year deferred release, and some accelerated for tax withholding.

Sentiment

Score: 6

Explanation: The filing details routine, pre-scheduled transactions related to executive compensation (RSU vesting and tax withholding), which is a neutral event reflecting standard corporate governance and compensation practices.

Positives

• The vesting of restricted stock units represents earned compensation for the CEO, aligning management's interests with shareholders.
• The transactions are part of a pre-arranged plan (Rule 10b5-1(c)), indicating structured compensation and tax planning rather than discretionary selling.

Negatives

• A portion of the acquired shares was immediately disposed of to satisfy tax withholding obligations, resulting in a net reduction of directly held shares.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Shares are held indirectly 'By Trust' in the Goodarzi Rev Trust u/a Dtd 5/18/2012, of which the reporting person is a trustee.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine compensation-related transactions, not indicative of a change in company fundamentals or management's long-term view.
• Employees: Reflects standard executive compensation practices, which may influence broader compensation structures.

Key Dates

Recommendation

This Form 4 details routine, pre-scheduled transactions related to executive compensation (RSU vesting and tax withholding) and does not provide new fundamental information to alter an investment thesis. Investors should 'hold' based solely on this filing, awaiting more comprehensive financial or strategic updates.

Keywords

Intuit, INTU, Sasan Goodarzi, Form 4, Insider Trading, Restricted Stock Units, Executive Compensation, Stock Transactions, Tax Withholding