Form 4: Intapp's Chief Product Officer, Thad Jampol, Executes Stock Option and Sells Shares
SEC Form 4 Filing
Thad Jampol, Chief Product Officer of Intapp, Inc., exercised stock options and sold shares of common stock on July 8, 2024, according to a Form 4 filing with the SEC.
Summary
- On July 8, 2024, Thad Jampol, the Chief Product Officer of Intapp, Inc., exercised an option to purchase 15,000 shares of common stock at a price of $3.99 per share.
- Following the exercise, Jampol sold 9,904 shares at a weighted average price of $34.8079 and 5,096 shares at a weighted average price of $35.1333.
- These transactions were executed under a pre-arranged 10b5-1 trading plan established on December 13, 2023.
- After these transactions, Jampol directly owns 749,652 shares of Intapp common stock.
- Jampol also has indirect ownership through his spouse (34,972 shares) and two trusts (15,028 shares each).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of Intapp's executives.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/13/2023 | Date the 10b5-1 trading plan was put in place by the Reporting Person. |
| 07/08/2024 | Date of the stock option exercise and sale of shares. |
| 08/27/2025 | Expiration date of the Employee Stock Option. |
| 07/10/2024 | Date of signature of the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.