[Form 4] Intapp, Inc. Insider Trading Activity
Intapp, Inc. (INTA) director and CEO John T. Hall reported exercising employee stock options and selling a portion of the resulting shares under a pre-established 10b5-1 plan. On 09/08/2025 Mr. Hall exercised an option with a $7.45 exercise price to acquire 8,000 shares and immediately sold 8,000 shares at a weighted average price of $44.8578, resulting in 5,606,775 shares beneficially owned before the sale and 5,598,775 after. The underlying options were fully vested, and the transactions were made pursuant to a 10b5-1 plan established September 13, 2024.
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Insights
TL;DR: Insider exercised vested options and sold shares under a pre-set 10b5-1 plan; transactions are routine disclosure.
The filing shows an executive who holds both director and CEO roles exercising vested employee stock options at a $7.45 strike to acquire 8,000 shares and concurrently selling 8,000 shares at a weighted average of $44.8578. The sale was executed under a 10b5-1 trading plan established on September 13, 2024, which provides affirmative defense under Rule 10b5-1. The reporting person retains a large beneficial stake (over 5.59 million shares) following the transactions. From a governance perspective, the form documents compliance with Rule 10b5-1 procedures and clarifies that the options were fully vested as of the exercise date.
TL;DR: The transaction is a non-discretionary exercise-and-sell under a 10b5-1 plan and does not indicate change in control or large dilution.
The reported activity is an exercise of employee stock options (exercise price $7.45) and an immediate sale of the resulting 8,000 shares at a weighted average price of $44.8578, executed pursuant to a documented 10b5-1 plan. The filing discloses the pre-existing plan date and confirms full vesting of the options. Post-transaction beneficial ownership remains at 5,598,775 shares. This is a routine insider liquidity event recorded on Form 4 with explicit price range disclosure for the sales.