Form 4: Intapp Director Nancy L. Harris Acquires Shares Through Restricted Stock Units

Director Nancy L. Harris acquired 3,817 shares of Intapp, Inc. common stock through a grant of restricted share units.

Summary

• Nancy L. Harris, a director at Intapp, Inc., acquired 3,817 shares of common stock on November 13, 2024.
• The acquisition was through 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, Ms. Harris beneficially owns 39,364 shares of Intapp common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director receiving stock, which is generally a neutral to slightly positive event. It indicates alignment of interests between management and shareholders.

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 industry trend.

Comparison to Industry Standards

• This type of transaction is common among publicly traded companies, where directors and officers receive equity compensation as part of their overall package.
• Many companies use restricted stock units as a way to align the interests of management with those of shareholders.
• The reporting of these transactions is a standard practice and is required by the SEC to ensure transparency.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Intapp, Director, Nancy L. Harris, Restricted Stock Units, Share Acquisition, Beneficial Ownership, Equity