Form 4: Intuit SVP, Chief Accounting Officer, Lauren D. Hotz, Reports Stock Transactions
SEC Form 4 Filing
Lauren D. Hotz, SVP, Chief Accounting Officer at Intuit Inc., reports the vesting and subsequent disposal of restricted stock units on March 1, 2025.
Summary
- On March 1, 2025, Lauren D. Hotz, SVP, Chief Accounting Officer of Intuit Inc., reported transactions involving Intuit's common stock.
- Hotz vested 96 restricted stock units, which converted into 96 shares of common stock.
- Following the vesting, 39.053 shares were disposed of to cover tax obligations at a price of $613.84 per share.
- After these transactions, Hotz directly owns 1,921.2462 shares of Intuit common stock and 290 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations. |
| 03/04/2025 | Date of signature for the report. |
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