Form 4: Intapp Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Michele Murgel, Chief People & Places Officer at Intapp, Inc., reported transactions involving the acquisition and disposition of company common stock and restricted share units.
Summary
- Michele Murgel, Chief People & Places Officer at Intapp, Inc., reported the acquisition of 7,421 shares of common stock on May 19, 2026, valued at $0.
- On May 20, 2026, Murgel reported the vesting of restricted share units (RSUs) resulting in the acquisition of 2,766, 1,674, and 10,625 shares of common stock, all valued at $0.
- Additionally, on May 20, 2026, 8,073 shares of common stock were disposed of for tax withholding purposes at a price of $20.5 per share.
- Following these transactions, Murgel beneficially owns 248,223 shares of Intapp common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents routine insider transactions related to executive compensation rather than significant strategic shifts or performance indicators.
Positives
- Acquisition of 7,421 shares of common stock on May 19, 2026, indicating potential alignment with company performance.
- Vesting of multiple tranches of Restricted Share Units (RSUs) on May 20, 2026, totaling 15,065 shares, suggesting achievement of performance or service conditions.
- The reporting person, Michele Murgel, continues to hold a significant number of shares (248,223) after these transactions, indicating continued investment in the company.
Negatives
- 8,073 shares of common stock were withheld for tax purposes on May 20, 2026, at a price of $20.5 per share, representing a disposition of shares.
Risks
- The value of the RSUs is tied to the performance of Intapp, Inc. common stock, meaning their value can fluctuate.
- Shares withheld for taxes represent a reduction in the reporting person's direct ownership.
Future Outlook
The filing does not contain forward-looking statements or guidance. It reports on past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive stock dealings within the software and cloud services industry.
Stakeholder Impact
- Shareholders: Increased transparency into insider stock holdings and potential selling pressure if shares are sold in the open market.
- Employees: The vesting of RSUs may indicate positive performance metrics that could also benefit employees.
- Management: Demonstrates continued equity participation and alignment with company performance.
Next Steps
- Continued vesting of RSUs subject to continued employment as per the specified schedules.
- Monitoring of Intapp, Inc.'s stock performance as it impacts the value of remaining equity awards.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Earliest transaction date reported; acquisition of 7,421 shares of common stock. |
| 05/20/2026 | Date of RSU vesting and acquisition of 15,065 shares of common stock; also date of tax withholding for 8,073 shares. |
| 05/21/2026 | Date of signature for the Form 4 filing. |
Keywords
Intapp, INTA, Form 4, Insider Trading, Stock Transaction, Restricted Share Units, Common Stock, Executive Compensation, SEC Filing
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