Form 4: Intuit Director Thomas Szkutak Reports Stock Transactions
SEC Form 4
Director Thomas Szkutak reports acquisition and disposal of Intuit Inc. stock and restricted stock units on January 24, 2025.
Summary
- On January 24, 2025, Thomas Szkutak, a director of Intuit Inc., engaged in transactions involving the company's common stock and restricted stock units.
- Szkutak acquired 87 shares of common stock at $288.08 per share and 903 shares at $0.
- He also disposed of 903 shares of common stock and 87 shares of common stock.
- Following these transactions, Szkutak directly owns 4,596 shares of Intuit Inc. common stock.
- Additionally, Szkutak acquired 469 and 58 restricted stock units, which vest on January 1, 2026, and January 24, 2025, respectively, and are released on January 24, 2030.
- Szkutak now holds 469 and 58 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The transactions could have a minor impact on shareholder sentiment, depending on how the market interprets the insider's actions.
Key Dates
| Date | Description |
|---|---|
| 01/01/2021 | Original vesting date for some restricted stock units |
| 01/24/2020 | Original vesting date for some restricted stock units |
| 01/24/2025 | Date of reported transactions: acquisition and disposal of stock and restricted stock units |
| 01/01/2026 | Vesting date for some restricted stock units |
| 01/24/2030 | Release date for some restricted stock units |
| 01/28/2025 | Date of signature by power-of-attorney |
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