Form 4: Intapp Executive Michele Murgel Reports Share Transactions
SEC Form 4 Filing
Michele Murgel, Chief People & Places Officer at Intapp, Inc., reports the acquisition and disposal of company stock related to vesting of performance share units and restricted share units.
Summary
- On February 19, 2025, Michele Murgel acquired 33,222 shares of Intapp common stock at $0 related to performance share units.
- On February 20, 2025, 2,765 restricted share units vested.
- Also on February 20, 2025, Murgel sold a total of 7,531 shares of common stock at prices ranging from $67.6539 to $72.39 to cover tax liabilities.
- Following these transactions, Murgel directly owns 223,945 shares of Intapp common stock and 27,669 restricted share units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased trading volume, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 12/10/2024 | Date the company put in place a 10b5-1 plan. |
| 02/19/2025 | Date of acquisition of 33,222 shares of common stock due to performance share units vesting. |
| 02/20/2025 | Date of RSU vesting and sale of shares for tax liability. |
| 02/21/2025 | Date of Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Sale, Stock Acquisition, Restricted Share Units, Performance Share Units, Intapp, Murgel
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