New insider Hilliard Caryl Lyn claimed ownership of 20,457 shares (SEC Form 3)
$INTU
Computer Software: Prepackaged Software
Technology
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 08/01/2025 |
3. Issuer Name and Ticker or Trading Symbol
INTUIT INC. [ INTU ] |
|||||||||||||
|
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||
| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 20,456.629 | D | |
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Non-Qualified Stock Options (right to buy) | (1) | 07/29/2027 | Common Stock | 418 | $303.94 | D | |
| Non-Qualified Stock Options (right to buy) | (2) | 07/28/2028 | Common Stock | 1,566 | $525.51 | D | |
| Non-Qualified Stock Options (right to buy) | (3) | 07/27/2029 | Common Stock | 3,867 | $448.59 | D | |
| Non-Qualified Stock Options (right to buy) | (4) | 07/26/2030 | Common Stock | 5,962 | $496.53 | D | |
| Non-Qualified Stock Options (right to buy) | (5) | 07/24/2031 | Common Stock | 4,641 | $626.32 | D | |
| Non-Qualified Stock Options (right to buy) | (6) | 07/23/2032 | Common Stock | 7,617 | $781.21 | D | |
| Restricted Stock Units (performance-based vesting) | 09/01/2025(7) | (8) | Common Stock | 3,586(9) | (10) | D | |
| Restricted Stock Units (performance-based vesting) | 09/01/2026(7) | (8) | Common Stock | 3,421(11) | (10) | D | |
| Restricted Stock Units (performance-based vesting) | 09/01/2027(7) | (8) | Common Stock | 2,704(12) | (10) | D | |
| Restricted Stock Units (performance-based vesting) | 09/01/2028(7) | (8) | Common Stock | 4,615(13) | (10) | D | |
| Restricted Stock Units | (14) | (8) | Common Stock | 488 | (10) | D | |
| Restricted Stock Units | (15) | (8) | Common Stock | 882 | (10) | D | |
| Restricted Stock Units | (16) | (8) | Common Stock | 1,049 | (10) | D | |
| Restricted Stock Units | (17) | (8) | Common Stock | 2,401 | (10) | D | |
| Restricted Stock Units (MSPP Matching Award) | (18) | (8) | Common Stock | 106 | (10) | D | |
| Restricted Stock Units (MSPP Matching Award) | (19) | (8) | Common Stock | 106 | (10) | D | |
| Restricted Stock Units (MSPP Matching Award) | (20) | (8) | Common Stock | 97 | (10) | D | |
| Restricted Stock Units (MSPP Purchased Award) | (21) | (8) | Common Stock | 111 | (10) | D | |
| Restricted Stock Units (MSPP Purchased Award) | (21) | (8) | Common Stock | 109 | (10) | D | |
| Restricted Stock Units (MSPP Purchased Award) | (21) | (8) | Common Stock | 98 | (10) | D | |
| Explanation of Responses: |
| 1. 25% of the 4,008 options granted on 7/30/2020 vested on 7/30/2021 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. |
| 2. 25% of the 4,421 options granted on 7/29/2021 vested on 7/29/2022 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. |
| 3. 25% of the 6,399 options granted on 7/28/2022 vested on 7/28/2023 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. |
| 4. 25% of the 5,962 options granted on 7/27/2023 vested on 7/27/2024 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. |
| 5. 25% of the 4,641 options granted on 7/25/2024 vested on 7/25/2025 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. |
| 6. 25% of the 7,617 options granted on 7/24/2025 vest on 7/24/2026 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until 100% vested. |
| 7. Represents vesting date for restricted stock units (performance-based vesting). |
| 8. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. |
| 9. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2025. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock. |
| 10. 1-for-1 |
| 11. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2026. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock. |
| 12. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2027. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock. |
| 13. The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2028. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock. |
| 14. 12.5% of the restricted stock units granted on 7/28/2022 vested on December 31, 2022 and thereafter 6.25% of the restricted stock units vest on each April 1, July 1, October 1, and December 31, until the award is fully vested. |
| 15. 12.5% of the restricted stock units granted on 7/27/2023 vested on December 31, 2023 and thereafter 6.25% of the restricted stock units vest on each April 1, July 1, October 1, and December 31, until the award is fully vested. |
| 16. 12.5% of the restricted stock units granted on 7/25/2024 vested on December 31, 2024 and thereafter 6.25% of the restricted stock units vest on each April 1, July 1, October 1, and December 31, until the award is fully vested. |
| 17. 12.5% of the restricted stock units granted on 7/24/2025 vest on December 31, 2025 and thereafter 6.25% of the restricted stock units vest on each April 1, July 1, October 1, and December 31, until the award is fully vested. |
| 18. 100% of the restricted stock units granted vest on 8/12/2025. |
| 19. 100% of the restricted stock units granted vest on 8/11/2026. |
| 20. 100% of the restricted stock units granted vest on 8/9/2027. |
| 21. Restricted stock units (MSPP Purchased Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date. |
| Remarks: |
| /s/ Erick Rivero, by power-of-attorney | 08/08/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||