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 September 19 and 20, 2024, Thad Jampol, the Chief Product Officer of Intapp, Inc., executed stock options and sold shares of common stock.
• The transactions were carried out under a 10b5-1 plan established on December 13, 2023.
• On September 19, 2024, Jampol exercised options to acquire 31,666 shares at $3.99 per share and sold the same amount at a weighted average price of $49.0932.
• On September 20, 2024, Jampol exercised options to acquire 68,252 shares at $3.99 per share and sold the same amount at a weighted average price of $49.2612.
• Following these transactions, Jampol directly owns 772,412 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, for which he serves as a trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports factual information.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It indicates that a company executive is exercising stock options and selling shares, which is a common practice, especially under pre-arranged trading plans like 10b5-1 plans. These plans allow insiders to sell shares at predetermined times and prices to avoid accusations of trading on non-public information.

Comparison to Industry Standards

• Insider transactions are common across publicly traded companies, particularly in the tech sector where stock options are a significant part of executive compensation.
• Companies like Microsoft, Apple, and Google also see regular Form 4 filings from their executives.
• The use of 10b5-1 plans is a standard practice to ensure compliance with insider trading regulations, and Intapp's executive's use of such a plan aligns with industry norms.

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 is likely to be minimal, given the relatively small number of shares involved compared to the company's overall market capitalization.

Key Dates