Form 4: Intapp Executive Harrison David Benjamin Reports Share Transactions
SEC Form 4 Filing
David Benjamin Harrison, President of Industries at Intapp, Inc., reports acquisition and disposal of common stock and restricted share units.
Summary
- On May 19, 2025, David Benjamin Harrison acquired 26,492 shares of Intapp common stock at $0, related to performance share units.
- On May 20, 2025, 2,891 restricted share units vested, and 5,983 shares were sold at an average price of $56.7496 to cover tax liabilities.
- Following these transactions, Harrison directly owns 23,400 shares of common stock and 26,028 restricted share units.
- The sales were executed under a pre-arranged 10b5-1 trading plan established on February 20, 2025.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of share transactions by a company executive, with no inherently positive or negative implications.
Future Outlook
The RSUs will continue to vest in 11 equal quarterly installments after November 20, 2024, subject to continued employment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding the executive's holdings and trading activity.
Key Dates
| Date | Description |
|---|---|
| November 20, 2024 | 8.33% of the shares vest |
| February 20, 2025 | 10b5-1 plan put in place by the Company |
| May 19, 2025 | Shares earned, as certified by the audit committee of the board of directors of the Issuer |
| May 20, 2025 | Restricted share unit vesting and shares sold for tax liability |
| May 21, 2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Intapp, Harrison, Share Transactions, Restricted Share Units, Common Stock, 10b5-1 Plan, Beneficial Ownership
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