Form 4: Intuit EVP Marianna Tessel Reports Stock Transactions
SEC Form 4 Filing
EVP of Intuit, Marianna Tessel, reports the acquisition and disposal of Intuit common stock on March 21, 2025, according to a Form 4 filing with the SEC.
Summary
- Marianna Tessel, EVP of Intuit, filed a Form 4 with the SEC on March 24, 2025.
- On March 21, 2025, Tessel exercised options to acquire 7,385 shares of Intuit common stock at a price of $216.64 per share.
- Also on March 21, 2025, Tessel sold 7,385 shares of Intuit common stock at a weighted average price of $600.1266.
- Following these transactions, Tessel directly owns 40,190.4556 shares of Intuit common stock.
- The filing also notes that Tessel acquired 38.684 shares through the Intuit Inc. Employee Stock Purchase Plan on March 15, 2025.
Sentiment
Score: 5
Explanation: This is a neutral filing of stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- Shareholders are informed about insider transactions, contributing to market transparency.
Key Dates
| Date | Description |
|---|---|
| 07/26/2022 | Start date for stock options |
| 03/15/2025 | Shares acquired through Employee Stock Purchase Plan |
| 03/21/2025 | Option exercise and stock sale |
| 03/24/2025 | Date of Form 4 filing |
| 07/25/2025 | Expiration date for stock options |
Keywords
Form 4, Intuit, Stock Options, Stock Sale, Beneficial Ownership, Marianna Tessel, INTU, SEC Filing
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