Form 4: Intapp Chief Product Officer Thad Jampol Executes Stock 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 November 8, 2024, Thad Jampol, the Chief Product Officer of Intapp, Inc., exercised stock options to acquire 20,000 shares of common stock at a price of $3.99 per share.
• Simultaneously, Jampol sold 3,964 shares at a weighted average price of $58.6287 and 16,036 shares at a weighted average price of $59.3657.
• These transactions were executed under a 10b5-1 trading plan established on December 13, 2023.
• Following these transactions, Jampol directly owns 772,412 shares of Intapp common stock.
• He also has indirect ownership of 34,972 shares held by his spouse, 15,028 shares held by the Melita Jampol 2021 Grantor Retained Annuity Trust, and 15,028 shares held by the Thaddeus Jampol 2021 Grantor Retained Annuity Trust.
• Jampol also holds 89,198 employee stock options.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions under a pre-arranged plan. There's no indication of positive or negative news about the company.

Positives

• The transactions were executed under a pre-arranged 10b5-1 trading plan, which is generally viewed as a transparent and compliant way for insiders to trade company stock.

Industry Context

This filing is a routine disclosure of insider transactions. It's common for executives to have 10b5-1 plans to manage their stock sales and avoid accusations of trading on inside information.

Comparison to Industry Standards

• Executive compensation packages often include stock options as a way to align management's interests with those of shareholders.
• The use of 10b5-1 plans is a standard practice among corporate executives to manage their stock transactions in a compliant manner.
• The reported weighted average sale prices are within a normal range for market fluctuations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged nature of the sales mitigates concerns about insider trading.

Key Dates