Form 4: Intuit Director Richard Dalzell Trades Shares
Statement of Changes in Beneficial Ownership
Intuit Inc. Director Richard L. Dalzell reported a transaction involving common stock on June 23, 2026, executed under a pre-established Rule 10b5-1 trading plan.
Summary
- Richard L. Dalzell, a Director at Intuit Inc. (INTU), reported a transaction on June 23, 2026.
- The transaction involved the disposal of 284 shares of common stock at a price of $262.32 per share.
- This transaction was executed as part of a Rule 10b5-1 trading plan adopted on January 8, 2026.
- Following this transaction, Dalzell beneficially owns 11,758 shares of Intuit common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine transaction by a director under a pre-established trading plan, providing transparency without immediate implications for the company's valuation.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it is a report of a past transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency to the market regarding trades made by company directors and officers. The use of a Rule 10b5-1 plan indicates a pre-arranged strategy for stock sales, often used to avoid concerns about insider trading.
Stakeholder Impact
- Shareholders: The transaction provides transparency regarding insider activity, which is a standard part of corporate governance. The sale was conducted under a pre-arranged plan, mitigating concerns about opportunistic trading.
Key Dates
| Date | Description |
|---|---|
| 01/08/2026 | Date Rule 10b5-1 trading plan was adopted by reporting person. |
| 06/23/2026 | Transaction Date for the disposal of common stock. |
| 06/24/2026 | Date of signature for the Form 4 filing. |
Keywords
Intuit Inc., INTU, Form 4, Insider Trading, Rule 10b5-1, Stock Transaction, Director, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.