[Form 4] Intapp, Inc. Insider Trading Activity
Intapp, Inc. (INTA) reporting person Scott Fitzgerald, Chief Marketing Officer, reported sales of common stock on 08/21/2025 completed under a 10b5-1 plan established May 14, 2025 to cover tax liabilities from vested performance share units and restricted share units. The report shows three aggregated sale entries: 8,362 shares at a weighted average price of $40.975, 1,300 shares at $41.7969, and 71 shares at $42.0239, leaving the reporting person with 46,991 shares beneficially owned directly after the transactions.
The filing includes an explanatory footnote that the weighted prices reflect multiple trades in specified price ranges and offers to provide detailed per-trade data on request. The Form 4 was signed by an attorney-in-fact on 08/25/2025.
- Sales executed under a 10b5-1 plan, indicating pre-arranged transactions rather than opportunistic insider trades
- Detailed weighted-average price disclosure with offered availability of per-trade breakdown on request
- Clear statement that sales were to cover tax liabilities from vested performance share units and restricted share units
- Reduction in direct holdings from the reporting person to 46,991 shares following the sales
- Insider sold 9,733 shares on 08/21/2025, which represents a realized disposition of equity by a senior officer
Insights
TL;DR Insider sold shares under a pre-established 10b5-1 plan to satisfy tax obligations; transactions appear routine and not unexpected.
The sale comprises three reported aggregated transactions totaling 9,733 shares disposed at weighted average prices between $40.975 and $42.0239. The seller retained 46,991 shares after the transactions. Because the filing states the sales were executed under a 10b5-1 plan and were tied to tax-withholding on vested equity awards, this suggests the disposition was pre-planned rather than an ad hoc decision. For investors, this is a routine insider liquidity event; there is no information in the filing indicating any change to company operations, guidance, or governance.
TL;DR Reporting indicates compliance with Rule 10b5-1 procedures and transparent price-range disclosure; filing appears procedurally sound.
The Form 4 explicitly notes the sales satisfied tax liabilities from vested performance share units and restricted share units and that transactions were made pursuant to a 10b5-1 plan adopted May 14, 2025. The report discloses weighted average prices and ranges and offers to provide per-trade details on request, which supports transparency. No departures from standard disclosure practice are visible in the provided text.