Intapp, Inc. (INTA) CEO sells 80,000 shares after option exercise under 10b5-1 plan
Rhea-AI Filing Summary
Intapp, Inc. Chief Executive Officer and director John T. Hall exercised employee stock options to acquire 80,000 shares of common stock at an exercise price of $7.4500 per share on August 18, 2025, then sold 80,000 shares in three transactions at weighted average prices of $41.8689, $42.5607 and $43.0964. These trades were executed pursuant to a 10b5-1 trading plan adopted on September 13, 2024. Following these transactions, Hall directly holds 5,598,775 shares of Intapp common stock.
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Insights
TL;DR: CEO exercised low-strike options and sold the acquired shares under a pre-set 10b5-1 plan; ownership decreased modestly.
The filing shows an exercise of an employee option with a $7.45 strike for 80,000 shares and concurrent sales of those 80,000 shares at weighted-average prices around $41.87–$43.10 on 08/18/2025. These transactions were executed pursuant to a 10b5-1 plan established on September 13, 2024, and the shares underlying the option were fully vested. Reported beneficial ownership moved from 5,678,775 to 5,598,775 shares across the reported trades. For investors, this is a routine liquidity event by an insider using a Rule 10b5-1 plan, without additional disclosed company-level developments.
TL;DR: Insider transactions follow an established trading plan, with proper disclosure and attorney-in-fact signature.
The disclosure confirms the trades were made pursuant to a 10b5-1 plan and provides weighted-average sale prices and price ranges for the multiple sales. The Form 4 includes the required statement that the option shares were fully vested and the signature executed by an attorney-in-fact on 08/19/2025. The filing contains the explanatory footnote offering to provide detailed per-price sale breakdowns upon request, which aligns with transparent disclosure practices for insider transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 80,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 80,000 | $7.45 | $596K |
| Sale | Common Stock | 1,776 | $41.8689 | $74K |
| Sale | Common Stock | 69,776 | $42.5607 | $2.97M |
| Sale | Common Stock | 8,448 | $43.0964 | $364K |
Footnotes (3)
- F1. The option exercise and sale of shares of common stock of Intapp, Inc. was executed pursuant to a 10b5-1 plan put in place by the Reporting Person on September 13, 2024.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $41.8689: $41.69 to $41.99, inclusive, (b) with respect to the weighted average price of $42.5607: $42.00 to $42.99, inclusive, and (c) with respect to the weighted average price of $43.0964: $43.00 to $43.22, inclusive. The reporting person undertakes to provide to Intapp, Inc., any security holder of Intapp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
- F3. The shares underlying this option are fully vested and exercisable as of the date hereof.
Key Figures
Key Terms
10b5-1 plan regulatory
weighted average price financial
Employee Stock Option (Right to Buy) financial
fully vested and exercisable financial
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