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
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