Form 4: Intuit Executive Alex G. Balazs Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief Technology Officer of Intuit, Alex G. Balazs, reports the acquisition and disposal of common stock and restricted stock units on December 31, 2024.
Summary
- On December 31, 2024, Alex G. Balazs, EVP and Chief Technology Officer of Intuit Inc., reported transactions involving common stock and restricted stock units.
- Balazs acquired 89, 209, and 220 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 272.729 shares were disposed of to cover tax obligations at a price of $628.5 per share.
- Following these transactions, Balazs directly owns 733.92 shares of common stock and 2,203 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent routine stock activity by an executive.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transactions involving common stock and restricted stock units. |
| 01/03/2025 | Date of signature for the report. |
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