Form 4: Intapp Director Nancy L. Harris Sells 2,970 Shares of Common Stock
SEC Form 4 Filing
Director Nancy L. Harris sold 2,970 shares of Intapp, Inc. common stock at $60 per share on March 14, 2025, according to a Form 4 filing.
Summary
- On March 14, 2025, Nancy L. Harris, a director of Intapp, Inc., sold 2,970 shares of the company's common stock.
- The sale was executed at a price of $60 per share.
- Following the transaction, Harris directly owns 36,394 shares of Intapp, Inc.
- The sale was conducted under a pre-arranged 10b5-1 trading plan established on December 13, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale by a director under a pre-arranged plan. It doesn't inherently indicate positive or negative prospects for the company.
Industry Context
Sales by company directors are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 12/13/2024 | Date the 10b5-1 plan was put in place by the Reporting Person |
| 03/14/2025 | Date of the transaction (sale of common stock) |
| 03/18/2025 | Date of signature on the Form 4 filing |
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