Form 4: Intuit Director Sells $27.8M in Stock
Insider Transaction Report
Intuit Director Scott D. Cook disposed of 43,468 shares of common stock for approximately $27.8 million through pre-arranged 10b5-1 trading plans.
Summary
- Scott D. Cook, a Director of Intuit Inc. (INTU), sold a total of 43,468 shares of common stock.
- The sales occurred on December 3, 2025, through multiple transactions.
- The shares were sold at weighted average prices ranging from approximately $631.49 to $647.64 per share.
- The total value of the shares sold is approximately $27.8 million.
- These transactions were executed pursuant to Rule 10b5-1 trading plans adopted on September 3, 2025.
- The shares were held indirectly by the Helen Signe Ostby 1994 Charitable Trust UTA 12/30/94 and the Scott D. Cook 1994 Charitable Trust UTA 12/30/94.
- Following these transactions, Scott D. Cook indirectly beneficially owns 6,118,679 shares through the Scott D. Cook and Helen Signe Ostby Family Trust UTA 12/30/93.
Sentiment
Score: 5
Explanation: The filing reports a pre-planned sale of shares by a director, which is a routine event for insiders managing their portfolios and does not inherently reflect positively or negatively on the company's operational performance or future prospects.
Positives
- Transactions were executed under pre-arranged Rule 10b5-1 trading plans, indicating planned divestment rather than opportunistic selling.
Negatives
- A director sold a significant number of shares (43,468 shares) totaling approximately $27.8 million.
Future Outlook
This filing, an insider transaction report, does not contain any forward-looking statements or guidance regarding Intuit Inc.'s future performance or outlook.
Industry Context
This filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitive landscape analysis.
Stakeholder Impact
- Shareholders: May perceive the director's sale as a slight negative signal, though the pre-arranged 10b5-1 plan mitigates concerns about opportunistic selling.
Key Dates
| Date | Description |
|---|---|
| 12/30/1993 | Establishment date of the Scott D. Cook and Helen Signe Ostby Family Trust. |
| 12/30/1994 | Establishment date of the Helen Signe Ostby 1994 Charitable Trust and Scott D. Cook 1994 Charitable Trust. |
| 09/03/2025 | Date Rule 10b5-1 trading plans were adopted by the reporting person. |
| 12/03/2025 | Date of common stock sales by Scott D. Cook. |
| 12/05/2025 | Date the Form 4 was signed. |
Recommendation
holdThe filing details a pre-scheduled sale of shares by a director under a Rule 10b5-1 plan. Such transactions are typically for personal financial planning and do not necessarily indicate a change in the company's fundamentals or the director's confidence in the company. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
Intuit, INTU, Scott D. Cook, Insider Trading, Form 4, Stock Sale, Director, 10b5-1 Plan, Common Stock
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