[Form 4] Intapp, Inc. Insider Trading Activity
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
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.
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 | $44.8578 | $359K |
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 $44.35 to $45.31, 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.