Form 4: Intapp CMO Sells Shares for Tax Obligations
Insider Transaction Report
Intapp's Chief Marketing Officer, Scott Fitzgerald, sold 1,379 shares of common stock on August 21, 2025, to cover tax liabilities from vested equity awards.
Summary
- Scott Fitzgerald, Chief Marketing Officer of Intapp, Inc. (INTA), reported the sale of 1,379 shares of common stock.
- The transactions occurred on August 21, 2025, and were executed to satisfy tax liabilities incurred upon the vesting of performance share units and restricted share units.
- The sales were conducted pursuant to a Rule 10b5-1 plan established by Intapp on May 14, 2025.
- Shares were sold at weighted average prices of $40.975, $41.7969, and $42.0239.
- Following these transactions, Scott Fitzgerald beneficially owns 46,991 shares of Intapp common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations from vested equity awards, which is a neutral event for the company's operational or financial outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This insider transaction is a routine event for executives receiving equity compensation and does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Minimal impact on shareholders due to the routine, non-discretionary nature and relatively small volume of shares sold compared to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date Intapp, Inc. established the 10b5-1 plan for the reporting person. |
| 08/21/2025 | Date of common stock transactions by Scott Fitzgerald. |
| 08/25/2025 | Date the Form 4 was signed by Brian Grube, Attorney-in-Fact. |
Recommendation
holdThe reported transaction is a routine, non-discretionary sale by an executive to cover tax liabilities associated with vested equity awards, executed under a pre-established 10b5-1 plan. This type of insider sale does not typically reflect a change in management's outlook on the company's future performance or intrinsic value, and therefore, does not provide a basis for a change in investment recommendation.
Keywords
Intapp, INTA, Scott Fitzgerald, Form 4, insider transaction, stock sale, tax liability, equity awards, 10b5-1 plan, Chief Marketing Officer
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