Form 4: Intapp Executive David Benjamin Harrison Sells Shares Under 10b5-1 Plan
SEC Form 4
David Benjamin Harrison, President of Industries at Intapp, Inc., sold shares of common stock on February 25, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On February 25, 2025, David Benjamin Harrison, President of Industries at Intapp, Inc., sold shares of Intapp's common stock.
- The sales were executed under a 10b5-1 trading plan established on September 13, 2024.
- A total of 425 shares were sold at a weighted average price of $63.9178.
- An additional 8,119 shares were sold at a weighted average price of $64.5897.
- Finally, 19,427 shares were sold at a weighted average price of $65.3626.
- Following these transactions, the reporting person no longer directly owns any shares.
- The sales were conducted in multiple transactions within specified price ranges, and full details are available upon request.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock sales by a company executive and is a common practice among publicly traded companies. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date the 10b5-1 plan was put in place by the Reporting Person |
| 02/25/2025 | Date of the stock sale transactions |
| 02/27/2025 | Date of the Form 4 filing |
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