[Form 4] Intapp, Inc. Insider Trading Activity
Insider activity at Intapp, Inc. (INTA): Thad Jampol, Chief Product Officer, reported receipt and vesting of performance-based and service-based restricted share units under the 2021 Omnibus Incentive Plan and subsequent share sales to cover tax obligations. On 08/19/2025 he was credited with 14,528 earned performance shares (subject to service vesting that lapsed on 08/20/2025) and received 23,700 restricted share units (RSUs). On 08/20/2025 an RSU vesting added 3,257 RSUs. Concurrently, Jampol sold a total of 6,184 shares across three transactions at weighted-average prices of $41.8477, $42.3552 and $43.0935 pursuant to a 10b5-1 plan to satisfy tax liabilities. After these transactions, his reported beneficial ownership stood at 882,402 shares directly and 34,972 indirectly (by spouse), with combined direct holdings reported at various points as high as 888,586.
- Performance share units were certified by the audit committee resulting in 14,528 earned shares, indicating performance conditions were met
- Receipt and vesting of RSUs: 23,700 RSUs granted and 3,257 RSUs vested, reflecting ongoing executive compensation alignment with shareholder interests
- Sales executed under a 10b5-1 plan, demonstrating pre-planned, governance-compliant execution to cover tax liabilities
- Insider sold 6,184 shares to satisfy tax liabilities, which modestly increases available shares in the market
- Some beneficial ownership is indirect (34,972 shares held by spouse), which the reporting person disclaims, complicating direct ownership interpretation
Insights
TL;DR: Routine executive equity compensation vesting and tax-related share sales; no new material corporate events.
This Form 4 documents standard compensation mechanics: performance share units certified by the audit committee converted to common shares and RSUs granted and vested subject to service conditions. The sales were executed under a company 10b5-1 plan to cover tax liabilities, with total sold shares of 6,184 at weighted-average prices near $42. These transactions adjust insider locked and free float slightly but do not indicate changes to company guidance, capital structure, or control.
TL;DR: Compensation-related vesting and tax withholding sales; disclosure aligns with plan governance.
The filing discloses committee-certified performance outcomes and standard service-vesting schedules for RSUs, including post-vesting sale mechanics for tax withholding under a pre-established 10b5-1 plan (adopted May 14, 2025). The reporting person disclaims beneficial ownership of spouse-held shares. Transaction dates, quantities, and weighted-average sale prices are transparently provided, supporting compliance with Section 16 reporting obligations.