Intapp Insider 10b5-1 Sales: 8,000 Shares Sold by CEO John Hall
Rhea-AI Filing Summary
John T. Hall, CEO and Director of Intapp, Inc. (INTA), reported option exercise and share sales on 09/15/2025 executed under a 10b5-1 plan established September 13, 2024. He exercised 8,000 employee stock options with a $7.45 exercise price and immediately sold 8,000 common shares in multiple transactions. The sales were completed at weighted-average prices of $44.9196, $45.5802 and $46.3226, with reported price ranges provided for each weighted average. After these transactions Hall beneficially owned 5,598,775 shares of common stock and 501,470 outstanding employee stock options. The Form 4 was signed by an attorney-in-fact on 09/17/2025.
Positive
- Transactions executed under a 10b5-1 plan, indicating pre-established trading instructions (dated September 13, 2024).
- Reporting person retains substantial ownership: 5,598,775 common shares and 501,470 employee stock options after the transactions.
- Sale prices disclosed with weighted averages and ranges, providing transparency about execution prices.
Negative
- Insider sold 8,000 shares on 09/15/2025 (following exercise), representing realized dispositions by the CEO.
- Form shows multiple sales at varying prices, which may complicate simple price interpretation (weighted-average prices used).
Insights
TL;DR: Routine option exercise and coordinated sales under a 10b5-1 plan; holdings remain substantial.
The filing shows a standard exercise of 8,000 options at $7.45 with simultaneous sale of the resulting 8,000 shares across multiple transactions at weighted-average prices between $44.92 and $46.32. The reporting person continues to hold a sizeable stake: 5,598,775 common shares and 501,470 options. These facts are consistent with liquidity actions by an insider using a pre-established 10b5-1 plan rather than ad hoc market sales.
TL;DR: Disclosure follows expected governance practices; 10b5-1 plan properly noted.
The Form 4 discloses that the transactions were executed pursuant to a 10b5-1 plan dated September 13, 2024, and includes weighted-average prices and price ranges for the sales, which supports transparency. The form is signed by an attorney-in-fact and reports post-transaction ownership levels. No additional corporate governance events or departures are disclosed in this filing.
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 | 980 | $44.9196 | $44K |
| Sale | Common Stock | 3,778 | $45.5802 | $172K |
| Sale | Common Stock | 3,242 | $46.3226 | $150K |
Footnotes (1)
- 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 (a) with respect to the weighted average price of $44.9196: $44.84 to $44.99, inclusive, (b) with respect to the weighted average price of $45.5802: $45.09 to $45.98, inclusive, and (c) with respect to the weighted average price of $46.3226: $46.00 to $46.61, 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 shares underlying this option are fully vested and exercisable as of the date hereof.
