Form 4: Intuit Executive Marianna Tessel Reports Routine Stock Transactions

Intuit Inc. EVP Marianna Tessel reported the vesting of Restricted Stock Units and a subsequent sale of shares to cover tax obligations on July 1, 2025.

Summary

• Marianna Tessel, Executive Vice President, GBSG of Intuit Inc., reported stock transactions on July 1, 2025.
• Acquired a total of 2,868 shares of Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0 per share.
• Disposed of 1,510.004 shares of Common Stock at a price of $787.63 per share.
• The disposition was likely a 'sell to cover' transaction to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Marianna Tessel directly beneficially owns 42,125.1726 shares of Common Stock.
• Marianna Tessel also beneficially owns 4,940 Restricted Stock Units (derivative securities) after these transactions.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects routine executive compensation and continued alignment of interests through significant stock ownership, despite a common tax-related sale.

Positives

• The vesting of Restricted Stock Units indicates continued employment and performance-based compensation for a key executive, aligning her interests with shareholder value.
• The executive retains a substantial direct beneficial ownership of 42,125.1726 shares of Common Stock, demonstrating ongoing commitment to the company's performance.

Negatives

• A portion of the vested shares (1,510.004 shares) was sold, which, while common for tax withholding, reduces the executive's direct equity stake.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The vesting of RSUs and subsequent sale for tax purposes are standard compensation practices, aligning executive interests with shareholders through equity ownership. The executive retains a significant equity stake, reinforcing long-term alignment.

Key Dates

Keywords

Intuit Inc., INTU, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Sale, Tax Withholding, Marianna Tessel