Form 4: Intuit Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Intuit Director Scott D. Cook sold 1,402 shares of common stock for $668.02 per share through a pre-arranged 10b5-1 trading plan.
Summary
- Scott D. Cook, a Director of Intuit Inc. (INTU), reported a sale of common stock.
- The transaction involved the disposition of 1,402 shares of Intuit common stock.
- The shares were sold at a price of $668.02 per share.
- The total value of the shares sold was approximately $936,704.04.
- The transaction occurred on December 31, 2025.
- The sale was executed by the Scott D. Cook and Helen Signe Ostby Family Trust UTA 12/30/93.
- This transaction was conducted pursuant to a Rule 10b5-1 trading plan adopted by Mr. Cook on September 3, 2025.
- Following this transaction, Mr. Cook, through the Trust, beneficially owns 5,668,182 shares of Intuit common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine, pre-scheduled insider sale under a 10b5-1 plan, which typically carries a neutral sentiment as it is not indicative of new positive or negative information about the company's performance or outlook.
Future Outlook
NA
Industry Context
This is a routine insider transaction and does not provide specific insights into broader industry trends or competitive landscape.
Related Party Transactions
- The transaction was effected by the Scott D. Cook and Helen Signe Ostby Family Trust UTA 12/30/93, of which the reporting person, Scott D. Cook, is a trustee. This constitutes an indirect beneficial ownership and a related party transaction.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, pre-scheduled insider sale and does not signal a change in company fundamentals or management's confidence beyond what was known when the 10b5-1 plan was adopted.
Key Dates
| Date | Description |
|---|---|
| 12/30/1993 | Establishment date of the Scott D. Cook and Helen Signe Ostby Family Trust UTA, which holds the shares. |
| 09/03/2025 | Date the Rule 10b5-1 trading plan was adopted by the reporting person. |
| 12/31/2025 | Date of the reported transaction (sale of common stock). |
| 01/02/2026 | Date the Form 4 filing was signed. |
Recommendation
holdThis Form 4 reports a routine, pre-scheduled sale of shares by a director under a Rule 10b5-1 trading plan. Such transactions are typically for personal financial planning or diversification and do not usually reflect new information about the company's prospects. Therefore, this specific filing does not provide a basis to change an existing investment recommendation for Intuit Inc. A 'hold' recommendation is appropriate as the fundamental investment thesis remains unchanged by this disclosure.
Keywords
Intuit, INTU, Scott D. Cook, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Director Transaction
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