Form 4: Intapp Executive David Benjamin Harrison Reports Stock Sales and Option Exercise

David Benjamin Harrison, President of Industries at Intapp, Inc., reported the sale of common stock and the exercise of employee stock options.

Summary

• On August 20 and 21, 2024, David Benjamin Harrison, President of Industries at Intapp, Inc., engaged in multiple transactions involving the company's common stock.
• Harrison sold 99,490 shares of common stock at a weighted average price of $42.2617.
• He also sold 16,534 shares at a weighted average price of $42.2288.
• On August 21, 2024, Harrison exercised an option to acquire 142,039 shares at $26 per share.
• Following these transactions, Harrison directly owns 83,286 shares of common stock.
• Harrison also indirectly owns 99,490 shares through the Harrison Family Legacy Trust.
• The sales were executed, in part, to cover tax liabilities incurred upon the vesting of performance share units under the company's 2021 Omnibus Incentive Plan, pursuant to a 10b5-1 plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions by an executive, which are part of normal business operations. There is no indication of positive or negative implications for the company's performance.

Industry Context

This filing reflects routine transactions by a company executive and is typical for publicly traded companies. It provides transparency into insider activity but doesn't necessarily indicate a change in the company's outlook.

Key Dates