Form 4: Intuit SVP, Chief Accounting Officer Lauren D. Hotz Reports Stock Transactions

Lauren D. Hotz, SVP, Chief Accounting Officer of Intuit Inc., reports the acquisition and disposal of common stock and restricted stock units on April 1, 2024, according to a Form 4 filing with the SEC.

Summary

• On April 1, 2024, Lauren D. Hotz, SVP, Chief Accounting Officer of Intuit Inc., engaged in transactions involving Intuit's common stock and restricted stock units.
• These transactions included the acquisition of common stock through the vesting of restricted stock units and the disposal of shares to cover tax obligations.
• Specifically, Hotz acquired 62, 41, 70, 41, and 104 shares of common stock through the vesting of restricted stock units at a price of $0 per share.
• Additionally, 113 shares were disposed of at a price of $639.84 per share.
• Following these transactions, Hotz directly owns 3,443.6122 shares of Intuit common stock and varying amounts of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive, and does not inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The transactions have no direct impact on employees, customers, suppliers, or creditors.

Key Dates