Intuit CAO Lauren Hotz Reports RSU Vesting & Tax Withholding
INTUIT INC.
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Filing Summary
Intuit CAO Lauren Hotz Reports RSU Vesting & Tax Withholding
Company: INTUIT INC. (INTU)
Form: 4 | Filed: 2026-09-03
Significance: Low
Insider: Lauren D Hotz Title: SVP, Chief Accounting Officer | Relationship: Officer
Transaction: • Type: Tax Withholding (Code F) • Shares: 1,063 • Price: $359.30 • Value: $381,938 • Owned After: 2,583.99 shares
Key Insight: Routine settlement of 2,019 performance-based RSUs resulting in net share acquisition after withholding 1,063 shares for tax obligations.
Comprehensive Analysis
SEC Filing Analysis: INTUIT INC. (INTU)
Executive Summary
- Trading Significance: Low
- Key Takeaway: SVP & Chief Accounting Officer Lauren Hotz settled 2,019 performance-based RSUs, retaining 956 net shares after mandatory tax withholding.
- Market Impact: Neutral; routine compensation event with negligible float or dilution impact.
Company Information
| Field | Value |
|---|---|
| Company | INTUIT INC. |
| Ticker Symbol | INTU |
| CIK | 0000896878 |
| Industry | Services-Prepackaged Software |
Insider Information
| Field | Value |
|---|---|
| Name | Hotz Lauren D |
| CIK | 0001911779 |
| Title/Position | SVP, Chief Accounting Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-01 |
| Transaction Code | F (Tax Withholding) / M (Exercise/Conversion) |
| Security Type | Common Stock |
| Shares Involved | 1,063.005 (Disposed for taxes) / 2,019 (Acquired via RSU) |
| Price Per Share | $359.30 |
| Total Value | $381,937.70 |
| Shares Owned After | 2,583.9942 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $381,937.70 |
| % of Market Cap ($97.47B) | 0.00039% |
| Shares Transacted | 1,063.005 |
| % of Shares Outstanding (273.54M) | 0.00039% |
| Post-Transaction Ownership | 2,583.99 shares (<0.001%) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a large-cap enterprise valued at $97.47B, a sub-$400K tax withholding transaction represents routine executive equity plan activity.
- Ownership Concentration: Insider holds direct ownership of ~2,584 shares, representing a fractional percentage of total outstanding equity.
- Dilution Impact: The vesting of 2,019 performance RSUs creates negligible dilution relative to 273.54M shares outstanding.
- Transaction Significance: Low significance as the disposition was non-discretionary, executed strictly to satisfy tax liabilities.
Market Impact Analysis
- Direction: Neutral
- Reasoning: Standard equity grant vesting and automated tax withholding do not convey open-market managerial sentiment.
- Expected Volume Impact: Negligible
- Sentiment Indicator: Neutral
Additional Context
- Timing & Terms: The shares were awarded pursuant to performance-based RSUs granted on July 27, 2023, following achievement of TSR objectives.
- Nature: Non-derivative disposition code 'F' reflects statutory tax withholding, not an open-market insider sale.
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