Form 4: Intapp Chief Product Officer Thad Jampol Executes Option and Sells Shares Under 10b5-1 Plan

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 January 8, 2025, Thad Jampol, Chief Product Officer of Intapp, Inc., exercised an option to purchase 20,000 shares of common stock at a price of $3.99 per share.
• Jampol then sold 200 shares at a weighted average price of $60.8942, 14,951 shares at a weighted average price of $61.508, 2,957 shares at a weighted average price of $62.7233, and 1,892 shares at a weighted average price of $63.2473.
• These transactions were executed under a 10b5-1 plan established on December 13, 2023.
• Following these transactions, Jampol directly owns 828,197 shares of Intapp common stock.
• Jampol also indirectly owns 34,972 shares through his spouse, 15,028 shares through the Melita Jampol 2021 Grantor Retained Annuity Trust, and 15,028 shares through the Thaddeus Jampol 2021 Grantor Retained Annuity Trust.
• He also holds options for 49,198 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports routine transactions under a pre-existing plan. There is no indication of positive or negative implications for the company.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of company insiders. The use of 10b5-1 plans is a common practice to allow insiders to sell shares without being accused of trading on non-public information.

Comparison to Industry Standards

• The filing is standard practice for corporate insiders and is similar to filings made by executives at comparable companies after exercising stock options or selling shares.
• The use of a 10b5-1 trading plan is a common strategy employed by executives at companies like Salesforce, Workday, and other publicly traded tech firms to manage their equity holdings while avoiding potential insider trading concerns.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the increase in the number of shares available in the market.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be negligible.

Key Dates