ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On November 19, 2020, Intuit Inc. announced its financial results for the fiscal quarter ended October 31, 2020 and provided forward-looking guidance. A copy of the press release is attached to this Report as Exhibit 99.01. The information in this Report and the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly stated by specific reference in such filing.




ITEM 8.01 OTHER EVENTS.
On November 19, 2020, Intuit also announced that its Board of Directors approved
a cash dividend of $0.59 per share. The cash dividend will be paid on
January 19, 2021 to shareholders of record as of the close of business on
January 11, 2021. Future declarations of dividends and the establishment of
future record dates and payment dates are subject to the final determination of
the Intuit Board of Directors. A copy of the press release announcing the cash
dividend is furnished as Exhibit 99.01 to this Report.
In August 2020, James "Alex" Chriss, Intuit's Executive Vice President and
general manager of the Small Business and Self-Employed Group, adopted a stock
trading plan related to the sales of up to 11,503 restricted stock units and
performance-based restricted stock units. Subject to the terms and conditions of
this plan, a brokerage firm may periodically sell the underlying shares from
January 2021 through December 2021.
In September 2020, Michelle Clatterbuck, Intuit's Executive Vice President and
Chief Financial Officer, adopted a stock trading plan related to the sales of up
to 30,032 restricted stock units and performance-based restricted stock units.
Subject to the terms and conditions of this plan, a brokerage firm may
periodically sell the underlying shares at predetermined prices from November
2020 through September 2021.
In September 2020, Brad Smith, Intuit's Executive Chairman, adopted a stock
trading plan related to the gift of shares valued at $2.5 million. Subject to
the terms and conditions of this plan, a brokerage firm may periodically gift
the shares upon achievement of predetermined trigger prices from February 2021
through June 2021.
These trading plans are intended to satisfy the requirements of Rule 10b5-1 of
the Exchange Act and were adopted in accordance with Intuit's policies regarding
securities transactions. Rule 10b5-1 permits individuals who are not in
possession of material, non-public information at the time the plan is adopted
to establish pre-arranged plans to buy or sell or otherwise transfer company
stock.
Transactions under these trading plans will be disclosed publicly through Form 4
filings with the Securities and Exchange Commission, to the extent required by
law.


ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits

     99.01             Press release issued on November 19, 2020, reporting financial results
                       for the quarter ended October 31, 2020 and announcing the cash dividend.*
      104              Cover Page Interactive Data File (the cover page XBRL tags are embedded
                       within the inline XBRL document)



*      This exhibit is intended to be furnished and shall not be deemed "filed" for
       purposes of the Securities Exchange Act of 1934, as amended.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses