Form 4: Intapp Executive Thad Jampol Executes Stock Option and Sells Shares Under 10b5-1 Plan

Chief Product Officer of Intapp, Thad Jampol, exercised stock options and sold shares of common stock under a pre-arranged 10b5-1 trading plan.

Summary

• Thad Jampol, Chief Product Officer of Intapp, Inc., executed a transaction involving the company's stock on May 2, 2025.
• Jampol exercised an employee stock option to acquire 5,000 shares of common stock at an exercise price of $12 per share.
• Simultaneously, Jampol sold 5,000 shares of Intapp common stock at a weighted average price of $56.6467 per share, with individual sales ranging from $55.98 to $56.84.
• These transactions were executed under a pre-arranged 10b5-1 trading plan established on December 13, 2024.
• Following the reported transactions, Jampol directly owns 857,250 shares of Intapp common stock.
• Jampol's spouse also holds 34,972 shares of Intapp common stock, for which Jampol disclaims beneficial ownership.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't contain overtly positive or negative information, but the execution of a 10b5-1 plan suggests a planned and orderly approach to managing personal finances, which is generally neutral to slightly positive.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It's common for executives to utilize 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information. The legal tech industry is competitive, and Intapp's executive compensation and stock ownership are important for attracting and retaining talent.

Comparison to Industry Standards

• Comparing Jampol's stock transactions to those of executives at similar companies like Thomson Reuters or RELX Group would provide context on the scale and frequency of such activities.
• Analyzing the prevalence of 10b5-1 plans among executives in the software industry can reveal whether Intapp's practices are standard.
• Benchmarking Intapp's executive compensation packages against industry averages can help assess whether the stock option grants are competitive.

Stakeholder Impact

• The stock sale could have a minor, temporary impact on the stock price, but the 10b5-1 plan mitigates concerns about insider trading.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Intapp, Thad Jampol, stock options, Form 4, 10b5-1 plan, insider trading, common stock, securities