McLean Kerry J

McLean Kerry J, Executive Vice President, General Counsel, and Corporate Secretary at Intuit (INTU), has filed 59 Form 4 transactions over the past year, all involving the company’s stock. The pattern is unambiguous: zero open-market purchases and zero open-market sales. Instead, the activity consists entirely of automatic, non-discretionary events—option exercises (code M) valued at zero, and shares withheld to cover tax obligations (code F). The most recent filings, dated July 1, 2026, show four option exercises paired with a tax-withholding event valued at $76,816.48. Similar clusters occurred on April 1, 2026 ($130,417.48 withheld), December 31, 2025 ($339,629.16), December 11, 2025 ($161,632.92), and October 1, 2025 (two separate F transactions, each at $230,106.52). Aggregate figures reinforce this mechanical pattern. Across all 59 filings, McLean’s total sell value—which includes both code F tax withholdings and any code D sales back to the issuer—reached $2,450,892.48, while total acquired value from option exercises and grants was just $107,856. There were no code P purchases, meaning McLean has not added shares to his position through the open market during this period. The absence of code S sales is notable: every disposition is either a tax-related withholding or a return to the company, not a discretionary exit. The data tells a straightforward story of routine equity compensation management. McLean’s trades are clustered around quarterly vesting dates, with option exercises immediately followed by share withholdings to satisfy tax liabilities. The dollar values fluctuate with Intuit’s share price and the number of vested units, but the directional bias is clear—no conviction buying, no opportunistic selling, just the administrative mechanics of an executive’s compensation plan. For investors monitoring insider behavior, this is a textbook example of non-informational trading.