Form 4: Intuit Director Thomas Szkutak Reports Stock Transaction
SEC Form 4 Filing
Director Thomas Szkutak reports the vesting and release of restricted stock units into common stock.
Summary
- On May 8, 2025, Thomas Szkutak, a director at Intuit Inc., reported a transaction involving restricted stock units.
- 90 restricted stock units vested and were converted into 90 shares of common stock at a price of $280.36.
- Following the transaction, Szkutak directly owns 4,686 shares of Intuit Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices; it doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a standard compensation practice for a director.
Key Dates
| Date | Description |
|---|---|
| 05/08/2020 | Vesting date for restricted stock units |
| 05/08/2025 | Transaction date: vesting and release of restricted stock units |
| 05/12/2025 | Date of signature for the report |
Keywords
Form 4, Intuit, Director, Stock Transaction, Restricted Stock Units, Common Stock, Beneficial Ownership, Szkutak
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.