Form 4: Intapp COO Donald F. Coleman Executes Option and Sells Shares Under 10b5-1 Plan

Donald F. Coleman, Chief Operating Officer of Intapp, Inc., exercised stock options and sold 5,000 shares of common stock on July 1, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On July 1, 2024, Donald F. Coleman, the Chief Operating Officer of Intapp, Inc., exercised an option to purchase 5,000 shares of common stock at a price of $3.99 per share.
• Simultaneously, Coleman sold 5,000 shares of Intapp common stock at a weighted average price of $36.4925 per share, with individual sales ranging from $36.01 to $36.73.
• These transactions were executed under a 10b5-1 trading plan established on March 14, 2024.
• Following these transactions, Coleman directly owns 648,411 shares of Intapp common stock and indirectly owns 150,000 shares through Gambatte LLC.
• He also holds options for 261,615 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of insider trading activity under a pre-arranged plan. There's no indication of anything significantly positive or negative.

Positives

• The transactions were executed under a pre-existing 10b5-1 plan, indicating a planned and transparent approach to stock transactions.

Industry Context

This filing is a routine disclosure of insider transactions. It's common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of insider trading. The sale represents a small fraction of Coleman's holdings.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders, as they are part of a pre-arranged trading plan and represent a small portion of the executive's holdings.

Key Dates