Form 4: Intapp COO Sells Shares Under Pre-Arranged Plan

Intapp's Chief Operating Officer, Donald F. Coleman, sold 1,541 shares of common stock for $45 per share, executed under a pre-established 10b5-1 trading plan.

Summary

• Donald F. Coleman, Chief Operating Officer of Intapp, Inc. (INTA), reported a sale of company common stock.
• The transaction involved the disposition of 1,541 shares of Intapp common stock.
• The shares were sold at a price of $45 per share, totaling $69,345.
• The sale was executed on December 3, 2025.
• This transaction was conducted pursuant to a Rule 10b5-1 trading plan established by Mr. Coleman on June 13, 2025.
• Following this transaction, Mr. Coleman directly beneficially owns 447,613 shares.
• 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: The sale of shares by the Chief Operating Officer was conducted under a pre-established Rule 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a reaction to new company-specific information. This makes the transaction largely neutral in terms of immediate sentiment, as it was an expected event.

Negatives

• A reduction in insider ownership, though mitigated by the pre-scheduled nature of the sale under a 10b5-1 plan.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Donald F. Coleman indirectly holds 414,395 shares through the Coleman Family Trust, of which he and his spouse are trustees and sole beneficiaries.
• Donald F. Coleman indirectly holds 150,000 shares through Gambatte LLC, an entity controlled by and for the sole benefit of the Coleman Family Trust.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, which is generally viewed as neutral given the pre-scheduled nature of the 10b5-1 plan, rather than a signal of management's immediate view on company prospects.

Key Dates

Recommendation

The reported insider sale by the Chief Operating Officer was executed under a pre-established Rule 10b5-1 trading plan. Such plans are designed to allow insiders to sell shares over time without being accused of trading on material non-public information. This particular transaction, involving a relatively small number of shares (1,541) compared to the officer's total holdings (over 1 million shares directly and indirectly), does not typically signal a change in the company's fundamental outlook or warrant an immediate change in investment recommendation. Investors should view this as a routine, pre-scheduled liquidity event rather than a bearish signal.

Keywords

Intapp, INTA, insider trading, Form 4, stock sale, Donald F. Coleman, Chief Operating Officer, 10b5-1 plan