Intapp (NASDAQ: INTA) officer sells 14,591 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intapp, Inc. insider Michele Murgel, Chief People & Places Officer, reported an open-market sale of 14,591 shares of common stock at a weighted average price of $25.0241 per share. After this transaction, Murgel directly holds 233,632 shares of Intapp common stock.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan that Murgel put in place on March 12, 2026. The shares were sold in multiple trades at prices ranging from $25.00 to $25.09 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14,591 shares ($365,127)
Net Sell
1 txn
Insider
Murgel Michele
Role
Chief People & Places Officer
Sold
14,591 shs ($365K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,591 | $25.0241 | $365K |
Holdings After Transaction:
Common Stock — 233,632 shares (Direct, null)
Footnotes (1)
- The 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 March 12, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.09, 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).
Key Figures
Shares sold: 14,591 shares
Weighted average sale price: $25.0241 per share
Post-transaction holdings: 233,632 shares
+2 more
5 metrics
Shares sold
14,591 shares
Open-market sale on June 26, 2026
Weighted average sale price
$25.0241 per share
Common stock sale
Post-transaction holdings
233,632 shares
Shares directly owned after sale
Price range of trades
$25.00–$25.09 per share
Individual sale transaction prices
10b5-1 plan date
March 12, 2026
Date trading plan was established
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sale of shares ... was executed pursuant to a 10b5-1 plan put in place by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Intapp (INTA) report for Michele Murgel?
Intapp reported that Michele Murgel executed an open-market sale of 14,591 shares of common stock. The transaction used a weighted average price of $25.0241 per share and was carried out in multiple trades within a narrow price range around $25.
Was the Intapp (INTA) insider sale by Michele Murgel under a 10b5-1 plan?
Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan established by Michele Murgel on March 12, 2026. Such pre-arranged plans automate trading according to preset instructions, reducing the role of day-to-day discretion.
What does the weighted average price in the Intapp (INTA) Form 4 mean?
The weighted average price of $25.0241 reflects multiple trades executed at slightly different prices. The filing notes that individual sale prices ranged from $25.00 to $25.09, and the insider offered to provide full trade breakdowns upon request to interested parties.