Form 4: Intapp CFO David H. Morton Jr. Sells Shares Under 10b5-1 Plan

David H. Morton Jr., CFO of Intapp, Inc., executed sales of common stock on February 25, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 25, 2025, David H. Morton Jr., the Chief Financial Officer of Intapp, Inc., sold shares of the company's common stock.
• The sales were executed under a pre-existing 10b5-1 trading plan established on September 3, 2024.
• A total of 10,000 shares were sold in multiple transactions at weighted average prices of $64.6201 and $65.3754.
• The sales resulted in a decrease in Morton's direct ownership of Intapp common stock, with the remaining holdings totaling 21,656 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a company executive under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider and is a common practice among publicly traded companies. The use of a 10b5-1 plan allows insiders to sell shares over a period of time without being accused of trading on non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates