John Hall Increases Intapp Stake to 5.64M Shares via Option Exercise
Rhea-AI Filing Summary
John T. Hall, who serves as Chief Executive Officer and a director of Intapp, Inc. (INTA), reported exercising employee stock options on 10/06/2025. The filing shows $7.45 per-share exercise for 21,150 shares (transaction code M), increasing his direct common stock holdings to 5,639,315 shares. The report also records that 21,150 underlying option shares were associated with the exercise; after the transaction he holds 460,930 derivative securities (employee stock options) that expire on 07/26/2027. The filer notes the underlying shares were fully vested and exercisable as of the transaction date. The form was signed by an attorney-in-fact on 10/08/2025.
Positive
- CEO increased direct ownership to 5,639,315 shares by exercising 21,150 options
- Options exercised were fully vested, indicating no acceleration or special vesting conditions
Negative
- 460,930 employee stock options remain outstanding and expire on 07/26/2027, which could increase share count if exercised
Insights
CEO exercised vested options, increasing direct stake to 5.64M shares.
The exercise of 21,150 options at $7.45 raises the CEO's direct beneficial ownership to 5,639,315 shares, strengthening his immediate alignment with shareholders through increased stock ownership.
Risks and dependencies include the remaining 460,930 options that expire on 07/26/2027, which could be exercised later and affect share count. Monitor insider activity over the next 12–24 months for additional exercises or sales.
Transaction appears to be a routine exercise of fully vested employee options.
The filing records a code M transaction indicating exercise/conversion of options for 21,150 shares at $7.45, consistent with standard equity compensation mechanics where vested options are converted into common stock.
Because the filing states the underlying options were fully vested, this is a straightforward realization of equity compensation; expiration of remaining options on 07/26/2027 is the next material milestone for potential future exercises.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 21,150 | $0.00 | -- |
| Exercise | Common Stock | 21,150 | $7.45 | $158K |
Footnotes (1)
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