Form 4: Intuit Director Sells 74,000 Shares Under 10b5-1 Plan

Intuit Director Scott D. Cook sold 74,000 shares of common stock for approximately $49.6 million through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Scott D. Cook, a Director at Intuit Inc., reported the sale of 74,000 shares of Intuit common stock.
• The sales occurred on December 30, 2025, and were executed through a Rule 10b5-1 trading plan adopted on September 3, 2025.
• The shares were sold in multiple transactions at weighted average prices ranging from $669.0754 to $673.9966 per share.
• The total value of the shares sold is approximately $49,649,000.
• Following these transactions, Scott D. Cook beneficially owns 5,669,584 shares indirectly through the Scott D. Cook and Helen Signe Ostby Family Trust UTA 12/30/93.

Sentiment

Score: 4

Explanation: The sale of a significant number of shares by a director, even under a 10b5-1 plan, can be viewed with slight caution by investors, though the pre-planned nature mitigates immediate negative implications.

Positives

• Transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan, indicating the sales were not based on new, non-public information.

Negatives

• A director sold a significant number of shares (74,000 shares) of company stock.

Risks

• Potential for negative market perception due to insider selling, even if pre-planned.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May interpret the director's sale as a signal, potentially leading to minor downward pressure on the stock price, though the 10b5-1 plan lessens this impact.

Key Dates

Recommendation

While the sale of a significant number of shares by a director might typically signal a negative outlook, the execution under a pre-arranged Rule 10b5-1 trading plan suggests the decision was made without reliance on new material non-public information. This mitigates the immediate negative implications, suggesting a 'hold' rather than a 'sell' recommendation, as the underlying company fundamentals are not directly addressed by this transaction.

Keywords

Intuit, INTU, Scott D. Cook, Insider Trading, Form 4, Stock Sale, Director, 10b5-1 Plan, Beneficial Ownership