Form 4: Intapp CEO Exercises Options, Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Intapp CEO John T. Hall exercised stock options and subsequently sold a portion of the acquired common stock on November 10, 2025, under a pre-arranged 10b5-1 plan.
Summary
- Intapp, Inc. CEO and Director, John T. Hall, reported transactions involving the company's common stock.
- On November 10, 2025, Mr. Hall exercised 64,000 employee stock options at a price of $7.45 per share.
- Concurrently, Mr. Hall sold a total of 64,000 shares of common stock in multiple transactions.
- The sales were executed at weighted average prices of $38.7831 (10,390 shares), $39.6019 (47,113 shares), and $40.0278 (6,497 shares).
- These transactions were conducted pursuant to a Rule 10b5-1 plan established by Mr. Hall on September 13, 2024.
- Following these transactions, Mr. Hall beneficially owns 5,706,105 shares of common stock and 330,140 employee stock options.
- The exercised options were fully vested and exercisable as of the transaction date, with an expiration date of July 26, 2027.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (option exercise and sale) executed under a pre-planned 10b5-1 plan. While insider selling can sometimes be viewed negatively, the pre-planned nature mitigates concerns, making the overall sentiment neutral.
Positives
- The CEO realized a significant profit by exercising options at $7.45 and selling shares at prices ranging from $38.35 to $40.12, demonstrating the value appreciation of the company's stock.
- The transactions were conducted under a pre-arranged 10b5-1 plan, which indicates a planned and transparent approach to insider trading, mitigating concerns about opportunistic selling.
Negatives
- The sale of shares by a CEO, even under a 10b5-1 plan, can sometimes be perceived as a lack of confidence, although this is often a routine liquidity event for executives.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Policy Adherence | CEO John T. Hall's stock option exercise and subsequent sale of common stock were executed pursuant to a Rule 10b5-1 plan established on September 13, 2024, demonstrating adherence to insider trading policies. | September 13, 2024 | Mitigates concerns regarding insider trading by pre-scheduling transactions, enhancing transparency and compliance. |
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date the Rule 10b5-1 plan was put in place by the Reporting Person. |
| 11/10/2025 | Date of the stock option exercise and subsequent sale of common stock. |
| 11/12/2025 | Signature date of the reporting person's attorney-in-fact. |
| 07/26/2027 | Expiration date of the employee stock options. |
Keywords
Intapp, INTA, Form 4, Insider Trading, Stock Options, CEO, John T. Hall, 10b5-1 Plan, Equity Sales
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