Intuit CFO Sandeep Aujla Acquires Shares via Performance RSU Vesting
INTUIT INC.
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Filing Summary
Intuit CFO Sandeep Aujla Acquires Shares via Performance RSU Vesting
Company: INTUIT INC. (INTU)
Form: 4 | Filed: 2026-09-03
Significance: Low
Insider: Aujla Sandeep Title: EVP and CFO | Relationship: Officer
Transaction Details: • Type: Tax Withholding / Net Settlement (Code F) & Option/RSU Settlement (Code M) • Shares Vested: 7,215 • Shares Withheld for Taxes: 3,704.904 • Tax Price: $359.30 • Tax Value Withheld: $1,331,172.01 • Direct Shares Owned After: 6,741.88
Key Insight: Routine vesting of performance-based restricted stock units granted in July 2023 following TSR milestone achievement, with standard share withholding for tax liability.
Market Context: The disposition represents automated tax withholding on a routine equity vesting event with negligible market dilution (<0.001% of total shares).
Comprehensive Analysis
SEC Filing Analysis: INTUIT INC. (INTU)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Executive Vice President and CFO Sandeep Aujla vested 7,215 performance-based restricted stock units and surrendered 3,704.904 shares for tax withholding at $359.30 per share.
- Market Impact: Neutral; routine compensation vest and statutory tax withholding with zero open-market selling.
Company Information
| Field | Value |
|---|---|
| Company | INTUIT INC. |
| Ticker Symbol | INTU |
| CIK | 0000896878 |
| Industry | Services-Prepackaged Software [7372] |
Insider Information
| Field | Value |
|---|---|
| Name | Aujla Sandeep |
| CIK | 0001987166 |
| Title/Position | EVP and CFO |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-01 |
| Transaction Code | M (Exercise/Vesting) / F (Tax Withholding) |
| Security Type | Common Stock |
| Shares Involved | 3,704.904 (Disposed for taxes) / 7,215 (Acquired via vest) |
| Price Per Share | $359.30 |
| Total Value | $1,331,172.01 (Tax disposition) |
| Shares Owned After | 6,741.8796 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $1,331,172.01 |
| % of Market Cap | 0.0014% |
| Shares Transacted | 3,704.904 |
| % of Shares Outstanding | 0.0014% |
| Post-Transaction Ownership | 6,741.8796 shares (0.0025% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Against Intuit's $97.47 billion market capitalization, the transaction volume is immaterial.
- Ownership Concentration: Insider holds direct ownership of 6,741.88 shares following net acquisition of 3,510.10 shares.
- Dilution Impact: Minimal dilution impact from the issuance of 7,215 shares against 273.54 million shares outstanding.
Market Impact Analysis
- Direction: Neutral
- Reasoning: This filing reflects standard equity compensation delivery and statutory tax withholding rather than discretionary market trading.
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