Form 4: Intuit CEO Sasan Goodarzi Reports Stock Transactions

Intuit CEO Sasan Goodarzi reports the acquisition and disposal of common stock and restricted stock units through a trust.

Summary

• Sasan K. Goodarzi, CEO, President, and Director of Intuit Inc., filed a Form 4 detailing changes in beneficial ownership.
• The report includes transactions involving common stock and restricted stock units (RSUs) held in the Goodarzi Rev Trust.
• On April 1, 2025, Goodarzi acquired common stock through the vesting of RSUs.
• A portion of the acquired shares were disposed of to cover tax obligations.
• The transactions involved multiple releases of vested restricted stock units, some with deferred release and some accelerated for tax withholding.
• The price for disposal of common stock was $613.99.

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides information about the insider's trading activity.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of Intuit's stock.
• The transactions do not appear to have any impact on employees, customers, suppliers or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Intuit, INTU, Sasan Goodarzi, Restricted Stock Units, Common Stock, SEC Filing