[144] Intapp, Inc. SEC Filing
Form 144 filed for Intapp, Inc. (INTA) reporting a proposed sale of common stock. The notice shows 56,000 shares to be sold through Morgan Stanley Smith Barney with an aggregate market value of $2,358,720.00 and lists total common shares outstanding as 80,955,240. The securities to be sold were acquired on 08/18/2025 by exercise of stock options and payment was made in cash on the same date. The filing also discloses sales by the same person, John T. Hall, in the past three months totaling 76,135 shares that generated gross proceeds of approximately $4,255,764.69 across multiple dates in May and June 2025. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
- None.
- None.
Insights
TL;DR: Routine insider sale following option exercise; not a change to company operations.
The filing documents an insider exercise and concurrent proposed sale of 56,000 shares, representing a small percentage of the company's ~80.96 million shares outstanding (~0.07%). Recent 10b5-1 and open-market sales by the same individual in May–June 2025 totaled 76,135 shares for roughly $4.26 million, indicating ongoing planned dispositions rather than a one-time event. Financially, the transactions are liquidity events for the insider and do not disclose company performance, financing changes, or material corporate developments.
TL;DR: Filing appears procedurally complete for a Form 144 notice tied to option exercise and brokered sale.
The notice identifies the broker, sale date, acquisition method (option exercise), and payment terms (cash), and includes the Rule 10b5-1 related sales history. From a compliance perspective, required elements are present: acquisition date, nature of acquisition, broker information, and recent trading history. The seller’s representation about material undisclosed information is included, meeting standard attestations for this form.