Form 4: Intapp CEO Sells Shares After Option Exercise
Insider Transaction Report
Intapp Inc.'s CEO, John T. Hall, exercised stock options and subsequently sold 16,000 shares of common stock on December 15, 2025, under a pre-arranged 10b5-1 plan.
Summary
- John T. Hall, Chief Executive Officer and Director of Intapp, Inc. (INTA), reported transactions involving the company's common stock.
- On December 15, 2025, Mr. Hall exercised employee stock options to acquire 16,000 shares of common stock at an exercise price of $7.45 per share.
- Concurrently, he sold 16,000 shares of common stock at a weighted average price of $42.2803 per share. The sales occurred in multiple transactions at prices ranging from $42.15 to $42.72, inclusive.
- These transactions were executed pursuant to a Rule 10b5-1 trading plan established by Mr. Hall on September 13, 2024.
- Following these transactions, Mr. Hall beneficially owns 5,711,668 shares of common stock and 282,140 employee stock options.
Sentiment
Score: 5
Explanation: The transaction is a routine insider sale executed under a pre-established 10b5-1 plan, which mitigates concerns about opportunistic selling. However, any reduction in insider ownership can be viewed with slight caution by some investors.
Positives
- The transactions were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned and transparent approach to insider trading rather than opportunistic selling.
- The exercise of options and subsequent sale demonstrates a realization of value from long-held equity incentives by the CEO.
Negatives
- The sale of 16,000 shares by the CEO, even if planned, represents a reduction in direct insider ownership, which can sometimes be perceived with caution by investors.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan | The option exercise and sale of shares were executed pursuant to a Rule 10b5-1 plan put in place by the Reporting Person on September 13, 2024. | 2024-09-13 | A 10b5-1 plan provides an affirmative defense against insider trading allegations by demonstrating that trades were pre-scheduled, reducing concerns about opportunistic selling and enhancing transparency in insider transactions. |
Stakeholder Impact
- Shareholders: May observe a reduction in direct insider ownership, though the execution under a 10b5-1 plan provides context regarding the pre-planned nature of the sale. The transaction allows the CEO to realize value from equity compensation.
- Employees, Customers, Suppliers, Creditors: No direct impact mentioned in this filing.
Key Dates
| Date | Description |
|---|---|
| 2024-09-13 | Date the Reporting Person put in place the Rule 10b5-1 plan. |
| 2025-12-15 | Date of option exercise and sale of common stock. |
| 2025-12-17 | Date the Form 4 was signed by the Attorney-in-Fact. |
| 2027-07-26 | Expiration date of the employee stock option. |
Keywords
Intapp, INTA, John T. Hall, CEO, Director, Form 4, Insider Trading, Stock Option Exercise, Stock Sale, 10b5-1 Plan, Equity Compensation, Beneficial Ownership
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