Sandeep Aujla, Executive Vice President and CFO of Intuit Inc. (NASDAQ:INTU), filed a Form 4 on September 3, 2026, reporting transactions in Intuit common stock dated September 1, 2026.

Key Highlights

  • RSU settlement: 7,215 performance-based restricted stock units vested and were converted to common stock on September 1, 2026, at a price of $0.
  • Shares withheld for taxes: 3,704.904 shares were disposed of (transaction code F) at $359.30 per share, representing the fair market value on the trading day immediately preceding the transaction date.
  • Beneficial ownership following transactions: Aujla directly held 6,741.8796 shares of common stock after the reported transactions.
  • Grant origin: The vested RSUs were originally granted on July 27, 2023, and vested upon achievement of certain total shareholder return objectives.
  • Signing authority: The form was signed by Erick Rivero, by power-of-attorney, on September 3, 2026.

Intuit CFO Aujla's Performance RSU Vesting Details

According to the filing, Sandeep Aujla, EVP and CFO of Intuit Inc., reported two transactions in Table I on September 1, 2026. The first was the acquisition of 7,215 shares of common stock (transaction code M) at $0, resulting from the settlement of performance-based restricted stock units. Following that acquisition, Aujla's direct beneficial ownership stood at 10,446.7836 shares. A subsequent disposition of 3,704.904 shares (transaction code F) at $359.30 per share reduced direct holdings to 6,741.8796 shares.

The filing explains in its footnotes that the $359.30 price represents "fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction." The disposed shares are consistent with a tax-withholding transaction upon RSU settlement. The filing describes the underlying derivative as "Restricted Stock Units (performance-based vesting)" on a 1-for-1 conversion basis, with the RSUs having been granted on July 27, 2023. According to the filing, these units vested "pursuant to the restricted stock units (performance-based vesting) grant dated 7/27/2023 related to achievement of certain total shareholder return objectives."

The filing also notes that these performance-based RSUs "do not expire; they either vest or are canceled prior to vesting date." Following settlement, zero derivative securities remain beneficially owned by Aujla in connection with this grant, as disclosed in Table II of the filing.

What Was Disclosed

The Form 4 discloses the September 1, 2026 vesting of 7,215 performance-based RSUs granted July 27, 2023, their conversion into Intuit common stock, and the withholding of 3,704.904 shares at $359.30 each, leaving Aujla with 6,741.8796 directly held shares.