Dalzell sells 1,004 Intuit (NASDAQ: INTU) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTUIT INC. director Richard L. Dalzell sold 1,004 shares of common stock in three open-market trades. The sales occurred on June 9, 10, and 11, 2026 at prices between $279.86 and $297.65 per share. After these transactions, he directly holds 12,326 shares. All trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 25, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,004 shares ($289,448)
Net Sell
3 txns
Insider
DALZELL RICHARD L
Role
null
Sold
1,004 shs ($289K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 338 | $279.86 | $95K |
| Sale | Common Stock | 333 | $287.50 | $96K |
| Sale | Common Stock | 333 | $297.65 | $99K |
Holdings After Transaction:
Common Stock — 12,326 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 1,004 shares
Shares sold on June 11, 2026: 338 shares at $279.86/share
Shares sold on June 10, 2026: 333 shares at $287.50/share
+3 more
6 metrics
Total shares sold
1,004 shares
Net open-market sales reported across three transactions
Shares sold on June 11, 2026
338 shares at $279.86/share
Common Stock open-market sale
Shares sold on June 10, 2026
333 shares at $287.50/share
Common Stock open-market sale
Shares sold on June 9, 2026
333 shares at $297.65/share
Common Stock open-market sale
Shares held after transactions
12,326 shares
Direct ownership following June 11, 2026 sale
Rule 10b5-1 plan adoption date
March 25, 2025
Date Dalzell adopted pre-arranged trading plan
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan previously adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transactions reported on this Form 4 were effected"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Intuit (INTU) director Richard L. Dalzell report?
Richard L. Dalzell reported selling 1,004 shares of Intuit common stock. The sales took place over three days as open-market transactions, reflecting a small portion of his holdings rather than a complete exit from his position.
Were Richard L. Dalzell’s Intuit (INTU) stock sales made under a Rule 10b5-1 trading plan?
Yes, the filing states the transactions were executed under a Rule 10b5-1 trading plan. The plan was previously adopted on March 25, 2025, indicating the timing of these sales was pre-arranged rather than decided spontaneously.
What type of transactions did Richard L. Dalzell execute in Intuit (INTU) stock?
Dalzell executed open-market sales of Intuit common stock, coded as “S” in the Form 4. Each transaction involved non-derivative common shares, with no associated option exercises or derivative conversions reported in this particular filing.