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 April 1, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On April 1, 2025, Scott Fitzgerald, the Chief Marketing Officer of Intapp, Inc., executed 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 two separate transactions.
- The first transaction involved the sale of 1,300 shares at a weighted average price of $58.7102, with prices ranging from $58.36 to $58.97.
- The second transaction involved the sale of 1,700 shares at a weighted average price of $59.2134, with prices ranging from $59.02 to $59.61.
- Following these transactions, Fitzgerald directly owns 41,517 shares of Intapp's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports transactions executed under a pre-existing 10b5-1 plan.
Industry Context
Executive stock sales are a common occurrence, and sales under 10b5-1 plans are generally viewed as less impactful since they are pre-planned. Investors often monitor insider transactions for signals about a company's prospects, but pre-scheduled sales are less likely to be informative.
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.
- The impact on employees, customers, suppliers, and creditors is expected to be minimal.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date the 10b5-1 plan was put in place by the Reporting Person |
| 04/01/2025 | Date of the stock sale transactions |
| 04/03/2025 | Date of the Form 4 filing |
Keywords
Intapp, Scott Fitzgerald, Chief Marketing Officer, stock sale, Form 4, 10b5-1 plan, insider trading
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