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.
Summary
- On March 1, 2025, Alex G. Balazs, EVP and Chief Technology Officer of Intuit Inc., engaged in transactions involving Intuit's common stock and restricted stock units.
- Balazs acquired 465 shares of common stock upon the vesting of restricted stock units.
- Simultaneously, Balazs disposed of 242.155 shares of common stock to cover tax obligations, with the price per share at $613.84.
- Following these transactions, Balazs directly owns 956.765 shares of common stock and 4,646 restricted stock units.
Sentiment
Score: 5
Explanation: The document 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 common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant given the scale of the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transactions (acquisition and disposal of shares, vesting of restricted stock units). |
| 03/04/2025 | Date of signature for the report. |
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