HALL JOHN T 4
Research Summary
AI-generated summary
Intapp (INTA) CEO John T. Hall Exercises Options for 75,000 Shares
What Happened
John T. Hall, CEO of Intapp, exercised stock options to acquire a total of 75,000 common shares (50,000 on Feb 6, 2026 and 25,000 on Feb 9, 2026) at an exercise price of $7.45 per share, for total cash paid of about $558,750. The Form 4 shows matching derivative conversion/disposition entries at $0 (reflecting conversion/exercise of the option instruments). This was an acquisition (exercise of options), not an open-market sale.
Key Details
- Transaction dates and prices:
- Feb 6, 2026: exercised 50,000 options @ $7.45 = $372,500 (acquired)
- Feb 9, 2026: exercised 25,000 options @ $7.45 = $186,250 (acquired)
- Matching derivative disposition entries recorded at $0 (these reflect conversion of the options)
- Transaction code: M (option exercise/conversion)
- Footnote: F1 — the shares underlying these options were fully vested and exercisable as of the filing date.
- Shares owned after the transactions: not specified in the provided filing details.
- Filing timeliness: Report filed Feb 10, 2026; transactions (Feb 6 & Feb 9) were reported within SEC Form 4 timing requirements (filing appears timely).
Context
- This was an exercise of vested options. The filing does not show any immediate sale of the acquired shares (no open-market sale entries), so the shares appear to have been taken into ownership rather than cashed out.
- For retail investors: option exercises are routine for executives with vested grants; they represent acquisition of stock via option conversion, not a market purchase or sale.