Form 4: Intapp Executive Scott Fitzgerald Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Intapp's Chief Marketing Officer, Scott Fitzgerald, executed sales of common stock on October 1, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- Scott Fitzgerald, the Chief Marketing Officer of Intapp, Inc., sold shares of Intapp common stock on October 1, 2024.
- The sales were executed under a 10b5-1 trading plan established on March 15, 2024.
- A total of 2,218 shares were sold at a weighted average price of $47.6168, with individual prices ranging from $47.01 to $47.99.
- An additional 782 shares were sold at a weighted average price of $48.2725, with individual prices ranging from $48.12 to $48.66.
- Following these transactions, Fitzgerald directly owns 40,899 shares of Intapp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by executives are a normal part of corporate governance. The use of a 10b5-1 plan indicates the sales were pre-planned and not based on any inside information at the time of the transaction.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date the 10b5-1 plan was put in place by the Reporting Person |
| 10/01/2024 | Date of the stock sale transactions |
| 10/03/2024 | Date of the Form 4 filing |
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