Form 4: Intuit Director Thomas Szkutak Reports Stock Transactions
SEC Form 4
Director Thomas Szkutak reports the acquisition and disposal of Intuit Inc. common stock and restricted stock units.
Summary
- On October 31, 2024, Thomas Szkutak, a director of Intuit Inc., engaged in transactions involving the company's stock.
- Szkutak acquired 98 shares of common stock at $0 per share.
- Also on October 31, 2024, Szkutak disposed of 98 restricted stock units at a price of $257.5.
- On November 1, 2024, Szkutak acquired 54 restricted stock units at a price of $621.74.
- Following these transactions, Szkutak directly owns 3,606 shares of Intuit Inc. common stock and 54 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 10/31/2019 | Vesting date for restricted stock units |
| 10/31/2024 | Transaction date: Acquisition of 98 shares of common stock and disposal of 98 restricted stock units |
| 11/01/2024 | Transaction date: Acquisition of 54 restricted stock units |
| 10/31/2024 | Release date for vested restricted stock units |
| 11/01/2029 | Expiration date for restricted stock units |
| 11/04/2024 | Date of signature by power-of-attorney |
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