Intapp, Inc.·4

Feb 20, 4:13 PM ET

Jampol Thad 4

Research Summary

AI-generated summary

Updated

Intapp (INTA) CPO Thad Jampol Receives Awards, Exercises/Converts Derivatives

What Happened

  • Thad Jampol, Chief Product Officer of Intapp (INTA), received performance-based shares and a grant of RSUs on Feb 19, 2026, and had certain derivative awards convert/vest on Feb 20, 2026. The filing shows an award of 24,128 earned common shares (performance-based) and a grant of 120,000 RSUs. Several derivative units were converted into common shares (reported as "M" transactions). To satisfy tax withholding on the vesting/conversion, 10,973 shares were disposed at $22.16 each, for proceeds of $243,162.
  • The conversions/exercises were reported at $0.00 per share (typical for RSU/PSU settlements where no cash exercise price is required). Overall this was primarily an award/vesting and conversion event, not an open-market purchase or voluntary sale.

Key Details

  • Transaction dates: awards certified Feb 19, 2026; vesting/conversion and tax-withholding reported Feb 20, 2026; filing date Feb 20, 2026 (appears timely).
  • Notable amounts:
    • 24,128 shares awarded (performance shares; F1)
    • 120,000 RSUs granted (F5)
    • Conversion/exercise entries reported: 3,257 and 1,974 shares (M codes)
    • 10,973 shares withheld/disposed to cover taxes at $22.16 = $243,162 (F3 / F)
  • Transaction codes: A = award/grant; M = exercise/conversion of derivative; F = shares withheld to pay tax liability.
  • Footnotes of interest: F1—performance shares earned and certified by audit committee (service vesting lapsed 2/20/26); F2/F5—RSU vesting/grant; F3—shares withheld for taxes; F4—some shares held by spouse and disclaimed.
  • Shares owned after the transactions: not specified in the provided data from the filing.

Context

  • These filings reflect awards vesting/conversion and routine tax withholding rather than an open-market sale or purchase. When RSUs/PSUs vest and are converted to shares, companies commonly withhold a portion of the shares to cover taxes (a cashless settlement); that is what occurred here (10,973 shares withheld).
  • This is an insider award/settlement event — informative about compensation realization but not a direct buy signal. No indication in the provided filing that this was part of a 10b5-1 plan or a late filing.