Form 4: Intapp Executive Receives Restricted Stock Units

Intapp, Inc. reports a grant of restricted share units to Chief People & Places Officer Lyra Amber Schramm.

Summary

• Lyra Amber Schramm, Chief People & Places Officer at Intapp, Inc., received a grant of 96,212 restricted share units (RSUs) on July 1, 2026.
• These RSUs are part of the Intapp, Inc. 2021 Omnibus Incentive Plan.
• Each RSU represents a contingent right to receive one share of Intapp, Inc. common stock.
• The RSUs will vest over time, with 33% vesting on August 20, 2027, and the remainder vesting in eight equal quarterly installments thereafter, contingent upon continued employment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard executive compensation event rather than a significant financial or strategic development for the company.

Positives

• Grant of equity incentives to a key executive, aligning their interests with shareholders.
• The RSU grant is structured with a vesting schedule, encouraging long-term commitment from the executive.

Risks

• Vesting of RSUs is contingent on continued employment, meaning the executive could forfeit unvested units if they leave the company before the vesting dates.
• The value of the RSUs is subject to the future performance and stock price of Intapp, Inc.

Future Outlook

The RSUs are subject to a vesting schedule that extends into 2027 and beyond, indicating a long-term incentive structure for the executive.

Industry Context

StockSavvy.ai notes that grants of restricted share units are a common practice in the technology sector for executive compensation, designed to retain talent and align executive interests with long-term company performance and shareholder value.

Stakeholder Impact

• Shareholders: The grant of RSUs represents potential future dilution, but also aligns executive incentives with long-term company performance.
• Employees: May signal the company's commitment to retaining key talent through equity-based compensation.
• Management: Reinforces the compensation structure for senior leadership.

Next Steps

• Continued employment by Lyra Amber Schramm to meet vesting requirements.
• Vesting of RSUs according to the specified schedule.

Key Dates

Keywords

Intapp, INTA, Form 4, Restricted Share Units, RSU, Executive Compensation, Equity Grant, Stock Options, Securities Exchange Act, Omnibus Incentive Plan