Intapp, Inc.·4

Feb 20, 4:08 PM ET

HALL JOHN T 4

Research Summary

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Intapp (INTA) CEO John T. Hall Receives Awards; 40,836 Shares Withheld ($905K)

What Happened

  • John T. Hall, CEO of Intapp, had performance share units and restricted stock units vest/convert on Feb 19–20, 2026. The filing shows 64,684 shares reported as earned (performance-based) and additional conversions of 8,605 and 5,948 shares into common stock. A separate grant of 220,000 RSUs was also reported. To satisfy tax withholding on the vesting event, 40,836 shares were withheld/disposed at $22.16 per share, generating approximately $904,926.
  • These were award/vesting and derivative conversion events (codes A and M); the shares converted/issued show $0 exercise price because they represent RSUs/PSUs becoming common stock rather than open-market purchases.

Key Details

  • Transaction dates: awards/vesting reported Feb 19, 2026; conversions/withholding processed Feb 20, 2026. Filing date: Feb 20, 2026 (timely).
  • Tax withholding sale: 40,836 shares at $22.16 = $904,926 (reported as code F — shares withheld to cover tax liability).
  • Shares acquired/converted: 64,684 (performance shares reported earned), plus conversions of 8,605 and 5,948 shares (derivative exercises/conversions at $0).
  • Grant reported: 220,000 RSUs granted (contingent rights to common stock) under the 2021 Omnibus Incentive Plan.
  • Footnotes: F1–F8 explain the performance share certification, RSU vesting, tax-withholding treatment, and vesting schedules. The reported withholding is routine for vesting events.
  • Shares owned after the transactions: not provided in the excerpt of the filing.

Context

  • These transactions are primarily vesting and conversion of awards (not open-market purchases). The withholding of shares to cover taxes is a common, non-discretionary outcome of RSU/PSU vesting and should not be read as a voluntary sale signaling negative sentiment.
  • “M” transactions here reflect conversion/exercise of derivative awards into shares; “F” reflects shares withheld/used to pay tax obligations. The separately reported 220,000 RSU grant will vest per the disclosed schedule in the footnotes.