Form 4: Intapp Chief Product Officer Thad Jampol Sells Shares to Cover Tax Obligations

Thad Jampol, Chief Product Officer of Intapp, Inc., sold shares of common stock on May 21, 2024, to cover tax liabilities incurred from vesting performance share units.

Summary

• On May 21, 2024, Thad Jampol, the Chief Product Officer of Intapp, Inc., sold shares of the company's common stock.
• The sales were executed in multiple transactions at varying prices.
• These transactions were made to cover tax liabilities arising from the vesting of performance share units under the Intapp, Inc. 2021 Omnibus Incentive Plan.
• The sales were conducted under a pre-arranged 10b5-1 plan established by the company on December 12, 2023.
• Following the reported transactions, Jampol directly owns 749,652 shares of Intapp common stock.
• Jampol also has indirect ownership through his spouse (34,972 shares) and two trusts (15,028 shares each).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, as it simply reports transactions.

Future Outlook

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

Industry Context

Form 4 filings are a routine part of insider trading activity and are required by the SEC to provide transparency into the transactions of company executives and directors. This particular filing indicates that the sale was related to tax obligations, which is a common reason for such transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact as it was to cover tax obligations.

Key Dates