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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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.