Intuit EVP Caryl Lyn Hilliard Reports Routine Tax Share Withholding
INTUIT INC.
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Filing Summary
Intuit EVP Caryl Lyn Hilliard Reports Routine Tax Share Withholding
Company: INTUIT INC. (INTU)
Form: 4 | Filed: 2026-09-03
Significance: Low
Insider: Hilliard Caryl Lyn Title: EVP, People and Places | Relationship: Officer
Transaction: • Type: Tax Withholding (Disposition) • Shares: 958.097 • Price: $359.30 • Value: $344,244.25 • Owned After: 24,745.162
Key Insight: Routine vesting of 2,166 performance-based restricted stock units with 958.097 shares withheld to cover tax obligations. Represents standard executive compensation settlement.
Comprehensive Analysis
SEC Filing Analysis: INTUIT INC. (INTU)
Executive Summary
- Trading Significance: Low
- Key Takeaway: EVP Caryl Lyn Hilliard acquired 2,166 shares via performance RSU vesting and surrendered 958.097 shares ($344,244.25) to cover associated tax withholding obligations.
- Market Impact: Neutral; routine compensation event with zero open-market discretionary selling.
Company Information
| Field | Value |
|---|---|
| Company | INTUIT INC. |
| Ticker Symbol | INTU |
| CIK | 0000896878 |
| Industry | Prepackaged Software [7372] |
Insider Information
| Field | Value |
|---|---|
| Name | Hilliard Caryl Lyn |
| CIK | 0002080571 |
| Title/Position | EVP, People and Places |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-01 |
| Transaction Code | F (Tax Withholding) / M (Exercise/Vesting) |
| Security Type | Common Stock |
| Shares Involved | 958.097 (Tax Withholding) / 2,166 (Vested) |
| Price Per Share | $359.30 |
| Total Value | $344,244.25 (Withheld) |
| Shares Owned After | 24,745.162 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $344,244.25 |
| % of Market Cap | < 0.001% |
| Shares Transacted | 958.097 |
| % of Shares Outstanding | < 0.001% |
| Post-Transaction Ownership | 24,745.162 shares (0.009% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Against Intuit's $97.47 billion market cap, the $344.2K tax withholding transaction is completely immaterial.
- Dilution Impact: The 2,166 shares issued upon RSU settlement represent negligible dilution against 273.54 million outstanding shares.
- Ownership Context: The insider maintains direct ownership of 24,745.162 shares following the net addition of 1,207.903 shares.
Market Impact Analysis
- Stock Impact Prediction: Neutral
- Reasoning: Automatic tax withholding resulting from equity incentive vestings does not signal insider sentiment.
- Expected Volume Impact: Negligible
- Sentiment Indicator: Neutral
Additional Context
- Transaction Notes: Units represent award vesting under the July 27, 2023 performance-based RSU grant tied to total shareholder return objectives.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.