Intapp (NASDAQ: INTA) officer logs major RSU grants and tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intapp, Inc.’s Chief People & Places Officer, Michele Murgel, reported multiple equity transactions. On February 19, 2026, she received 85,000 restricted share units (RSUs) and a grant of 19,002 shares of common stock under the 2021 Omnibus Incentive Plan. Each RSU represents a contingent right to one share of common stock, vesting over time subject to continued employment.
On February 20, 2026, performance share units and RSUs vested, leading to the conversion of RSUs into common stock. In connection with this vesting, 8,850 shares of common stock were disposed of at $22.16 per share to satisfy tax withholding obligations. After these transactions, Murgel continued to hold a substantial number of shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,439 shares exercised/converted
Mixed
7 txns
Insider
Murgel Michele
Role
Chief People & Places Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 2,765 | $0.00 | -- |
| Exercise | Restricted Share Units | 1,674 | $0.00 | -- |
| Exercise | Common Stock | 2,765 | $0.00 | -- |
| Exercise | Common Stock | 1,674 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,850 | $22.16 | $196K |
| Grant/Award | Restricted Share Units | 85,000 | $0.00 | -- |
| Grant/Award | Common Stock | 19,002 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 16,607 shares (Direct);
Common Stock — 240,986 shares (Direct)
Footnotes (1)
- The shares of Intapp, Inc.'s (the "Issuer") common stock reported in this Form 4 represent shares earned, as certified by the audit committee of the board of directors of the Issuer on February 19, 2026, based on the level of achievement of the applicable performance conditions over the applicable performance period, in respect of performance share units granted pursuant to the Intapp, Inc. 2021 Omnibus Incentive Plan. The earned shares of Issuer common stock reported in this Form 4 are subject to service-based vesting requirements that lapsed on February 20, 2026. The reported transaction involved a restricted share unit ("RSU") vesting on February 20, 2026. Shares of Intapp, Inc. common stock withheld for taxes upon the vesting of performance share units and RSUs granted pursuant to the Intapp, Inc. 2021 Omnibus Incentive Plan. The reported transaction involved the reporting person's receipt of a grant of RSUs under the Intapp, Inc. 2021 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of Intapp, Inc. common stock. The RSUs vest, subject to continued employment, as to 12.5% of the shares on May 20, 2026, and in seven equal quarterly installments thereafter. Each RSU represents a contingent right to receive one share of Intapp, Inc. common stock. The RSUs have vested and will vest, subject to continued employment, as to 8.33% of the shares on November 20, 2024, and in 11 equal quarterly installments thereafter. The RSUs have vested and will vest, subject to continued employment, as to 8.33% of the shares on November 20, 2025, and in 11 equal quarterly installments thereafter.
FAQ
What insider transactions did Intapp (INTA) report for Michele Murgel?
Michele Murgel reported equity awards and related vesting events. She received RSU and common stock grants, had performance-based awards vest, and disposed of shares to cover taxes, all under Intapp’s 2021 Omnibus Incentive Plan.
How many RSUs were granted to Michele Murgel at Intapp (INTA)?
Michele Murgel was granted 85,000 restricted share units (RSUs). These RSUs were issued under Intapp’s 2021 Omnibus Incentive Plan and vest over time, subject to her continued employment, with each RSU representing a contingent right to one share of common stock.
What performance-based equity did Michele Murgel earn at Intapp (INTA)?
The filing notes that earned shares of Intapp common stock came from performance share units. The audit committee certified achievement of performance conditions, and these earned shares were subject to service-based vesting that lapsed on February 20, 2026.
How do Michele Murgel’s RSUs in Intapp (INTA) vest over time?
The RSUs vest in scheduled installments, subject to continued employment. One grant vests 12.5% on May 20, 2026 with seven equal quarterly installments thereafter, while other RSU grants vest in 8.33% tranches followed by additional quarterly installments.