Form 4: Intuit Executive Mark P. Notarainni Reports Stock Transactions

EVP Mark P. Notarainni reports the vesting and subsequent disposal of restricted stock units in Intuit Inc.

Summary

• On April 1, 2025, Mark P. Notarainni, an EVP at Intuit Inc., reported transactions involving Intuit's common stock and restricted stock units (RSUs).
• Notarainni vested and disposed of 178, 226, and 315 restricted stock units, respectively, which converted into an equal number of common stock shares.
• A total of 249.838 shares were disposed of at a price of $613.99 per share to cover tax obligations.
• Following these transactions, Notarainni directly owns 488.379 shares of Intuit common stock and holds 179, 1,133, and 2,832 restricted stock units from other tranches.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. These transactions are subject to regulatory scrutiny to prevent illegal insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like Intuit, Microsoft, Oracle, and Adobe.
• The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934.
• The transactions are similar to those reported by executives at comparable companies, involving the vesting and disposal of restricted stock units for tax purposes.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are part of the executive's compensation and do not significantly alter the company's financial position.

Key Dates

Keywords

Form 4, Intuit, Stock, Restricted Stock Units, RSU, Notarainni, Insider Trading