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

Lauren Hotz, SVP, Chief Accounting Officer at Intuit Inc., reports the vesting and release of restricted stock units and subsequent disposal of shares to cover tax obligations.

Summary

• On September 1, 2024, Lauren Hotz, SVP, Chief Accounting Officer of Intuit Inc., had restricted stock units vest and release.
• A total of 96 shares were acquired upon vesting of the restricted stock units.
• Following the transaction, Ms. Hotz directly owns 4,086.6602 shares of Intuit common stock.
• 45.019 shares were disposed of at a price of $630.26 to cover tax obligations.
• After the disposal, Ms. Hotz directly owns 4,041.6412 shares of Intuit common stock.
• Ms. Hotz also owns 483 derivative securities.

Sentiment

Score: 5

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

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 key personnel and helps ensure fair market practices.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.
• The transactions are part of the executive's compensation package.

Key Dates