Form 4: Intapp COO Sells Shares Under Pre-Arranged 10b5-1 Plan
Insider Transaction Report
Intapp, Inc.'s Chief Operating Officer, Donald F. Coleman, sold 1,520 shares of common stock at $45.21 per share pursuant to a pre-arranged 10b5-1 trading plan.
Summary
- Donald F. Coleman, Chief Operating Officer of Intapp, Inc. (INTA), reported a sale of common stock.
- The transaction involved the disposition of 1,520 shares of Intapp common stock.
- The shares were sold at a price of $45.21 per share on September 12, 2025.
- The total value of the shares sold was $68,719.20.
- The sale was executed pursuant to a Rule 10b5-1 trading plan established by Mr. Coleman on June 13, 2025.
- Following the transaction, Mr. Coleman directly beneficially owns 442,061 shares of common stock.
- Additionally, Mr. Coleman indirectly beneficially owns 414,395 shares through the Coleman Family Trust and 150,000 shares through Gambatte LLC.
Sentiment
Score: 5
Explanation: Neutral. The sale was pre-planned under a 10b5-1 plan, which typically indicates a scheduled liquidity event rather than a reaction to new company-specific information, thus mitigating negative sentiment often associated with insider sales.
Positives
- The transaction was executed pursuant to a Rule 10b5-1 plan, indicating a pre-scheduled sale rather than a reaction to immediate company news or personal sentiment, which can reduce speculative interpretation.
Negatives
- The sale by a Chief Operating Officer reduces insider ownership, which can sometimes be perceived as a lack of confidence, although the 10b5-1 plan mitigates this interpretation.
Risks
- NA
Future Outlook
NA
Industry Context
NA
Comparison to Industry Standards
- NA
Related Party Transactions
- 414,395 shares are held by the Coleman Family Trust, of which the reporting person and his spouse are trustees and sole beneficiaries.
- 150,000 shares are held by Gambatte LLC, an entity controlled by and for the sole benefit of the Coleman Family Trust.
Stakeholder Impact
- Shareholders: A minor reduction in direct insider ownership, but the pre-planned nature of the sale (10b5-1 plan) suggests it is not based on new negative information, thus limiting significant impact on investor confidence.
- Employees, customers, suppliers, creditors: No direct or immediate impact from this specific insider transaction.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 06/13/2025 | Date the Rule 10b5-1 plan was put in place by the Reporting Person. |
| 09/12/2025 | Date of the reported transaction (sale of common stock). |
| 09/16/2025 | Date the Form 4 filing was signed. |
Keywords
Intapp, INTA, insider trading, Form 4, stock sale, 10b5-1 plan, Donald F. Coleman, Chief Operating Officer
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.