Intuit Inc. DEF 14A: Executive Compensation Details

Ticker: INTU · Form: DEF 14A · Filed: Nov 27, 2024 · CIK: 896878

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

TL;DR

Intuit's proxy statement is out, detailing exec pay for FY24. Look for Sasan Goodarzi and Sandeep Aujla's compensation.

AI Summary

Intuit Inc. filed its DEF 14A on November 27, 2024, detailing executive compensation for the fiscal year ending July 31, 2024. Key individuals like Sasan K. Goodarzi and Sandeep S. Aujla are listed as members, with compensation details expected to be elaborated within the filing. The report covers equity awards granted and outstanding for both PEO and Non-PEO NEOs.

Why It Matters

This filing provides crucial insights into how Intuit Inc. compensates its top executives, which can influence investor decisions and corporate governance perceptions.

Risk Assessment

Risk Level: medium — DEF 14A filings primarily concern executive compensation and corporate governance, which can be sensitive areas for investors but do not typically represent immediate financial risk to the company's operations.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this DEF 14A filing for Intuit Inc.?

The primary purpose is to provide shareholders with information regarding the company's annual meeting of stockholders, including details on executive compensation, director nominations, and other corporate governance matters.

Who are the key individuals mentioned in relation to executive compensation for the fiscal year ending July 31, 2024?

Key individuals mentioned include Sasan K. Goodarzi, Sandeep S. Aujla, Laura A. Fennell, Mark Notarainni, and Marianna Tessel, listed as members.

What specific types of compensation are likely detailed in this filing?

The filing likely details equity awards, including those granted and outstanding, for both PEO (Principal Executive Officer) and Non-PEO NEOs (Non-Principal Executive Officer Named Executive Officers).

When was this DEF 14A filing submitted to the SEC?

This DEF 14A filing was submitted to the SEC on November 27, 2024.

What is the fiscal year end date for Intuit Inc. as stated in the filing?

The fiscal year end date for Intuit Inc. is July 31.

Filing Stats: 4,463 words · 18 min read · ~15 pages · Grade level 14.6 · Accepted 2024-11-27 14:22:31

Key Financial Figures

Filing Documents

Executive Compensation Tables

Executive Compensation Tables 62 Fiscal Year 2024 Summary Compensation Table 62 Grants of Plan-Based Awards During Fiscal Year 2024 64 Outstanding Equity Awards at Fiscal 2024 Year-End 66 Option Exercises and Stock Vested During Fiscal Year 2024 69 Non-Qualified Deferred Compensation for Fiscal Year 2024 70 Potential Payments Upon Termination of Employment or Change in Control 70 Equity Compensation Plan Information 74 CEO Pay Ratio 75 Pay Versus Performance 75 Proposal 3 Ratification of Selection of Independent Registered Public Accounting Firm 79 Tenure and Rotation 79 Independence and Performance 79 Accountability to Stockholders 80 Policy on Pre-Approval of Services 80 Fees Paid to Ernst & Young 80 Audit and Risk Committee Report 81 Proposal 4 Approval of an Amendment to Our Certificate of Incorporation to Limit the Liability of Certain Officers in Accordance with Recent Delaware Law Amendments 82 Stock Ownership Information 84

Security Ownership Table

Security Ownership Table 84 Delinquent Section 16(a) Reports 85 Information About the Meeting, Voting, and Proxies 86 Appendix A - Non-GAAP Financial Measures A- 1 All statements made in this document, other than statements of historical or current facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this document address our plans and goals, including those relating to our strategies, plans, and progress regarding our climate, workforce diversity, job creation, and job readiness initiatives. The fact that we included such information does not indicate that these contents are necessarily material to investors or required to be disclosed in our filings with the Securities and Exchange Commission. We use words such as "anticipates," "believes," "expects," "future," "potential," "intends," "design," "will," "may," "can," "should" and similar expressions to identify forward-looking statements. Forward-looking statements are based on management's current expectations and assumptions that are subject to change in the future. In addition, forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing and internal controls and processes that continue to evolve. Actual results could differ materially for a variety of reasons. Risks and uncertainties that could cause our actual results to differ significantly from management's expectations are described in our Annual Report on Form 10-K for the fiscal year ended July 31, 2024. Except as may be required by law, we undertake no obligation to update any forward-looking statements, whether because of new information, future events, or otherwise. Website references throughout this document are provided for convenience only, and the content on the referenced websites is not incorporated by reference into this document. Table of Contents Proxy Summary Intuit at a G

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