Form 4: Intapp Chief Product Officer Executes Stock Option and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Thad Jampol, Chief Product Officer of Intapp, Inc., exercised stock options and sold shares of common stock under a pre-arranged 10b5-1 trading plan.
Summary
- On September 23, 2024, Thad Jampol, the Chief Product Officer of Intapp, Inc., executed a transaction involving the company's stock.
- Jampol exercised an option to purchase 82 shares of common stock at a price of $3.99 per share.
- Simultaneously, Jampol sold 82 shares of common stock at a price of $49.48 per share.
- These transactions were executed under a 10b5-1 plan established on December 13, 2023.
- Following these transactions, Jampol directly owns 772,412 shares of Intapp common stock.
- Jampol also has indirect ownership through his spouse (34,972 shares) and two trusts (15,028 shares each).
- Jampol also owns 129,198 shares of employee stock options.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders. The use of a 10b5-1 plan indicates that the transactions were pre-planned and not based on any inside information at the time of the trade.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small number of shares involved relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 12/13/2023 | Date the 10b5-1 plan was put in place by the Reporting Person |
| 08/27/2025 | Expiration date of the Employee Stock Option |
| 09/23/2024 | Date of the transaction (stock option exercise and sale of shares) |
| 09/25/2024 | Date of the signature on the Form 4 filing |
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