INTU 8-K — Smart Summary
81% reductionOn March 16, 2026, Intuit Inc. announced that its founder and executive leadership team terminated all outstanding pre-scheduled stock sales plans established under Rule 10b5-1. Intuit also reiterated its intent to substantially accelerate share repurchases, with up to $3.5 billion remaining under its board authorization as of January 31, 2026. In the first half of its fiscal year, the company repurchased $1.8 billion of its shares, a 40% increase compared to the prior year.
Item 7.01 — Regulation FD Disclosure
Item 7.01
- On March 16, 2026, Intuit's founder and its entire executive leadership team terminated all of their outstanding pre-scheduled stock sales plans established under Rule 10b5-1 of the Securities Exchange Act of 1934.
- Intuit reiterated its intent to substantially accelerate repurchases under its existing share repurchase plan.
- Up to $3.5 billion remained under Intuit's board-authorized share repurchase program as of January 31, 2026.
- In the first half of its fiscal year 2026, Intuit repurchased $1.8 billion of its own shares.
- The $1.8 billion in first-half repurchases represents a 40% increase compared to the same period in the prior year.
- The announcement was made via a Regulation FD disclosure filed as an 8-K on March 16, 2026.
- Intuit's common stock trades under the ticker symbol INTU on the Nasdaq Global Select Market with a par value of $0.01 per share.
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