Balazs Alex G., Executive Vice President and Chief Technology Officer of Intuit Inc. (INTU), has demonstrated a consistent pattern of selling activity in the company’s stock, with no recorded purchases across 33 reported transactions. SEC filings reveal total sales exceeding $6.05 million, concentrated entirely in INTU shares. Recent activity underscores this trend, with six sales in 2025, including two transactions on July 8 totaling $689,399.67—comprising two sales at $673,570.92 each and two smaller dispositions at $15,828.75 apiece. Earlier in the year, Balazs executed larger sales, including two transactions on July 1 valued at $753,174.34 each, likely tied to scheduled stock awards or option exercises.
The selling pattern extends back to 2024, with notable dispositions on March 20 totaling $178,245.51 across two transactions ($142,549.12 and $35,696.39). Filings also show periodic smaller transactions coded as derivative dispositions (M) or awards (F), such as a $148,644.43 award on March 1, 2025, and a $171,410.18 award on December 31, 2024. While some transactions reflect routine equity compensation events, the absence of any buys and the recurring sales—particularly the mid-six-figure dispositions—suggest a deliberate reduction in Balazs’s INTU holdings over time. The activity remains confined to Intuit, with no diversification into other securities.
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