INTU.NASDAQIntuit INC

Form 4: Intuit Inc. Executive Kerry J. McLean Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


EVP, Gen. Counsel & Corp. Sec. Kerry J. McLean reports transactions involving Intuit Inc. common stock and restricted stock units.

Summary

  • Kerry J. McLean, EVP, Gen. Counsel & Corp. Sec. of Intuit Inc., filed a Form 4 detailing changes in beneficial ownership.
  • The transactions occurred on April 1, 2025, and involved the acquisition of common stock through the vesting of restricted stock units.
  • McLean acquired 178, 244, 236, and 199 shares of common stock from restricted stock units at a price of $0.
  • Additionally, McLean acquired 32.969 shares through the Intuit Inc. Employee Stock Purchase Plan on March 15, 2025.
  • A disposition of 298.006 shares also occurred on April 1, 2025.
  • Following these transactions, McLean directly owns 23,100.8746 shares of common stock, 179 restricted stock units, 1,220 restricted stock units, 2,124 restricted stock units, and 2,595 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Positives

  • The reporting person's holdings of Intuit stock increased through vesting of restricted stock units and participation in the employee stock purchase plan.

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 of Intuit Inc. stock.
  • The transactions reflect part of the executive's compensation.

Key Dates

DateDescription
03/15/2025Reporting person acquired shares through the Intuit Inc. Employee Stock Purchase Plan.
04/01/2025Date of earliest transaction involving restricted stock units and common stock.
04/01/2025Vesting date for tranches of restricted stock units.
04/03/2025Date of signature for the report.

Keywords

Form 4, Beneficial Ownership, Intuit Inc., INTU, Kerry J. McLean, Restricted Stock Units, Employee Stock Purchase Plan, Stock Transactions, Executive Compensation

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