Form 4: Intapp Chief People & Places Officer Exercises Stock Options
SEC Form 4 Filing
Michele Murgel, Chief People & Places Officer at Intapp, Inc., exercised stock options to acquire 20,000 shares of common stock at $12 per share on April 23, 2025.
Summary
- On April 23, 2025, Michele Murgel, the Chief People & Places Officer of Intapp, Inc., exercised employee stock options.
- This transaction involved the acquisition of 20,000 shares of Intapp's common stock at a price of $12 per share.
- Following the transaction, Murgel directly owns 202,462 shares of common stock and holds options for 42,133 shares.
- The exercised options were fully vested and exercisable as of the transaction date, with an expiration date of July 29, 2030.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (stock option exercise) by an officer, indicating confidence but not necessarily a major positive or negative event.
Positives
- The exercise of vested stock options by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/23/2025 | Date of the stock option exercise transaction. |
| 04/25/2025 | Date of the signature on the Form 4 filing. |
| 07/29/2030 | Expiration date of the employee stock options. |
Keywords
Intapp, Murgel, stock options, Form 4, beneficial ownership, Chief People & Places Officer, securities, transaction
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