Form 4: Intuit EVP and CFO Sandeep Aujla Reports Stock Sale
SEC Form 4 Filing
Sandeep Aujla, EVP and CFO of Intuit Inc., reported the sale of 109 shares of common stock on January 3, 2025, executed under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On January 3, 2025, Sandeep Aujla, the EVP and CFO of Intuit Inc., sold 109 shares of common stock.
- The sale was executed at a price of $628.5 per share.
- Following the transaction, Aujla directly owns 1,943.7516 shares of Intuit common stock.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on January 3, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.
Industry Context
This filing is a routine disclosure of an insider transaction. It is common for executives to utilize Rule 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.
Key Dates
| Date | Description |
|---|---|
| 01/03/2024 | Date of adoption of Rule 10b5-1 trading plan. |
| 01/03/2025 | Date of stock sale transaction. |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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