Form 4: Intapp COO Exercises Options, Boosts Stake

Intapp's Chief Operating Officer, Donald F. Coleman, exercised options to acquire 50,000 shares of common stock at $12 per share, increasing his direct beneficial ownership.

Summary

• Donald F. Coleman, Chief Operating Officer and Director of Intapp, Inc. (INTA), reported a change in beneficial ownership.
• On December 31, 2025, Coleman exercised employee stock options to acquire 50,000 shares of Intapp common stock at an exercise price of $12 per share.
• This transaction was conducted pursuant to a Rule 10b5-1 pre-arranged trading plan.
• Following the transaction, Coleman directly beneficially owns 497,613 shares of common stock.
• He also indirectly owns 414,395 shares through the Coleman Family Trust and 150,000 shares through Gambatte LLC, an entity controlled by the trust.
• The employee stock options exercised were fully vested and exercisable as of the date of the filing.
• After the exercise, Coleman holds 140,000 remaining employee stock options directly.

Sentiment

Score: 7

Explanation: The exercise of options by a key executive to increase direct ownership is generally viewed positively as it indicates confidence in the company's future prospects. The transaction being under a 10b5-1 plan also suggests a structured approach.

Positives

• A senior executive, the Chief Operating Officer, increased his direct ownership in the company by exercising stock options, which can signal confidence in the company's future.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned and systematic approach to managing equity.

Future Outlook

This filing does not contain forward-looking statements or guidance from the company, as it is a report of an individual's insider transaction.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• Shares are held indirectly by the Coleman Family Trust, where the reporting person and his spouse are trustees and sole beneficiaries.
• Shares are held indirectly by Gambatte LLC, an entity controlled by and for the sole benefit of the Coleman Family Trust.

Stakeholder Impact

• Shareholders may view the COO's increased direct ownership as a positive signal of management confidence in the company's future performance.

Key Dates

Recommendation

The Chief Operating Officer's exercise of stock options to increase direct ownership in Intapp, Inc. is a positive signal, indicating management's confidence in the company's future. This type of insider activity, especially when executed under a Rule 10b5-1 plan, suggests a deliberate and long-term perspective. However, a single insider transaction, without additional financial performance data or strategic updates, is generally not sufficient to warrant an immediate 'buy' or 'strong buy' recommendation. It reinforces a 'hold' position for existing investors and suggests further due diligence for potential new investors.

Keywords

Intapp, INTA, Donald F. Coleman, Chief Operating Officer, COO, Stock Option Exercise, Insider Trading, Beneficial Ownership, SEC Form 4, Rule 10b5-1