Form 4: Intapp Director Charles E. Moran Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Charles E. Moran of Intapp, Inc. acquired 3,817 shares of common stock through a grant of restricted share units.
Summary
- Charles E. Moran, a director at Intapp, Inc., acquired 3,817 shares of common stock on November 13, 2024.
- The acquisition was a result of a grant of restricted share units under the company's 2021 Omnibus Incentive Plan.
- Each restricted share unit represents the right to receive one share of Intapp, Inc. common stock.
- Following the transaction, Mr. Moran directly owns 25,826 shares of Intapp common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction, which is generally neutral to positive. The acquisition of shares by a director can be seen as a positive sign of confidence in the company.
Positives
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a standard SEC Form 4 filing, which is common for publicly traded companies when insiders make transactions in their company's stock. It is a routine disclosure and does not indicate any specific trend in the industry.
Comparison to Industry Standards
- The filing is consistent with standard practices for reporting insider transactions in publicly traded companies.
- Many companies use restricted stock units as part of their compensation packages for directors and executives.
- The reporting of the transaction is in line with SEC regulations and is similar to filings made by directors of other publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it indicates confidence from a director in the company's future.
Key Dates
| Date | Description |
|---|---|
| 11/13/2024 | Date of the transaction where Charles E. Moran acquired shares. |
| 11/15/2024 | Date the form was signed by Brian Grube, Attorney-in-Fact. |
Keywords
Intapp, Director, Charles E. Moran, Restricted Stock Units, Share Acquisition, Beneficial Ownership, Equity
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