Intuit Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$INTU
Computer Software: Prepackaged Software
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The
Securities Exchange Act of 1934
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| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
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(650 ) 944-6000
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ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On July 24, 2024, the Board of Directors (the “Board”) of Intuit Inc. (the “Company”) appointed Forrest Norrod as a director of the Company, and the number of directors constituting the full Board was increased from 12 to 13. Mr. Norrod was appointed to serve on the Acquisition Committee and the Audit and Risk Committee of the Board.
Mr. Norrod will receive compensation for services as a non-employee director of the Company consistent with the compensation generally provided to other non-employee directors of the Company. This compensation includes a grant of restricted stock units with a grant date fair value of approximately $108,333 on July 25, 2024. The compensation of the Company’s non-employee directors is determined by the Board and disclosed in the Company's 2023 proxy statement, which was filed with the Securities and Exchange Commission on November 22, 2023. There are no arrangements or understandings between the new director and any other person pursuant to which he was selected as a director, and there are no transactions involving the Company and the new director that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.
A copy of the press release announcing the appointment of Mr. Norrod is attached hereto as Exhibit 99.01.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
| 99.01 | ||||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: | July 25, 2024 | INTUIT INC. | |||||||||||||||
| By: | /s/ Kerry J. McLean | ||||||||||||||||
| Kerry J. McLean | |||||||||||||||||
| Executive Vice President, General Counsel and Corporate Secretary | |||||||||||||||||