Form 4: Intapp Chief Marketing Officer Sells Shares Under 10b5-1 Plan
SEC Form 4
Scott Fitzgerald, Chief Marketing Officer of Intapp, Inc., sold shares of common stock on March 3, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On March 3, 2025, Scott Fitzgerald, the Chief Marketing Officer of Intapp, Inc., executed multiple sales of Intapp's common stock.
- The sales were conducted under a 10b5-1 trading plan established on March 15, 2024.
- A total of 3,000 shares were sold in four separate transactions at varying weighted average prices.
- The prices ranged from $62.94 to $65.3586 per share.
- Following these transactions, Fitzgerald directly owns 44,517 shares of Intapp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock sales by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. Insiders often use 10b5-1 plans to sell shares over time to avoid accusations of trading on material non-public information.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-03-15 | Date the reporting person put in place a 10b5-1 plan |
| 2025-03-03 | Date of the reported transactions (sale of shares) |
| 2025-03-05 | Date of signature for the Form 4 filing |
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