INTA insider sales: John Hall exercises option and sells shares under 10b5-1 plan
Rhea-AI Filing Summary
Intapp, Inc. insider transactions by CEO and director John T. Hall
John T. Hall reported multiple sales of Intapp (INTA) common stock occurring 08/21/2025–08/25/2025 under 10b5-1 plans to satisfy tax obligations tied to vested performance share units and restricted share units. Weighted-average sale prices ranged in the low $40s per share; individual weighted-average prices disclosed include $40.975, $41.7776, $41.7969, $42.0239, $42.7904 and $43.1406. Hall also exercised an employee stock option with a $7.45 exercise price on 08/25/2025 for 8,000 shares that are fully vested, and sold 8,000 shares following that exercise. Following the reported transactions, Hall beneficially owned 5,598,775 shares.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sales and option exercise under established 10b5-1 plans to cover taxes; no new information on company fundamentals.
The filing documents routine, pre-planned sales by the reporting person under 10b5-1 arrangements and an option exercise at a $7.45 strike. The sales were executed across multiple dates with weighted-average prices in the low $40s, and were explicitly for tax withholding on vested equity awards. Such activity is typically non-informational regarding operational performance because it follows predetermined plans and fulfills tax obligations. The net beneficial ownership after these transactions remains substantial at 5,598,775 shares, indicating continued ownership alignment with shareholders.
TL;DR: Transactions appear compliant and documented; use of 10b5-1 plans reduces signaling risk from insider sales.
The disclosure clearly states the transactions were executed pursuant to 10b5-1 plans established on May 14, 2025 and September 13, 2024, and that sales covered tax liabilities from vested PSUs/RSUs. The filing includes weighted-average price ranges and offers to supply per-price detail on request, meeting disclosure expectations. There is no indication of ad hoc sales or deviation from plan terms in the document provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 8,000 | $0.00 | -- |
| Exercise | Common Stock | 8,000 | $7.45 | $60K |
| Sale | Common Stock | 8,000 | $43.4559 | $348K |
| Sale | Common Stock | 400 | $41.7776 | $17K |
| Sale | Common Stock | 9,583 | $42.7904 | $410K |
| Sale | Common Stock | 9,532 | $43.1406 | $411K |
| Sale | Common Stock | 37 | $40.975 | $2K |
| Sale | Common Stock | 6,319 | $41.7969 | $264K |
| Sale | Common Stock | 347 | $42.0239 | $15K |
Footnotes (1)
- Shares of Intapp, Inc.'s (the "Company") common stock sold for tax liability incurred upon the vesting of performance share units and restricted share units granted pursuant to the Intapp, Inc. 2021 Omnibus Incentive Plan. Shares were sold pursuant to a 10b5-1 plan put in place by the Company on May 14, 2025. 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 $40.975: $40.97 to $40.99, inclusive, (b) with respect to the weighted average price of $41.7776: $41.62 to $41.97, inclusive, (c) with respect to the weighted average price of $41.7969: $41.10 to $41.991, inclusive, (d) with respect to the weighted average price of $42.0239: $42.00 to $42.115, inclusive, (e) with respect to the weighted average price of $42.7904: $42.02 to $42.99, inclusive, and (f) with respect to the weighted average price of $43.1406: $43.00 to $43.53, 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). 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.02 to $43.70, 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 (4). The shares underlying this option are fully vested and exercisable as of the date hereof.
