Form 4: Intapp Executive Scott Fitzgerald Sells Shares to Cover Tax Obligations

Chief Marketing Officer Scott Fitzgerald sold shares of Intapp, Inc. common stock to cover tax liabilities incurred from vesting performance share units.

Summary

• Scott Fitzgerald, Chief Marketing Officer of Intapp, Inc., sold shares of common stock on August 20 and 21, 2024.
• The sales were executed to cover tax liabilities arising from the vesting of performance share units granted under the company's 2021 Omnibus Incentive Plan.
• The sales were conducted under a pre-arranged 10b5-1 trading plan established on June 10, 2024.
• On August 20, 2024, 4,520 shares were sold at a weighted average price of $42.2288.
• On August 21, 2024, a total of 1,200 shares were sold in multiple transactions at prices ranging from $41.99 to $43.
• Following these transactions, Fitzgerald directly owns 46,899 shares of Intapp, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Sales by company executives are a common occurrence, often related to compensation and tax planning. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on insider information.

Stakeholder Impact

• The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.

Key Dates