Intapp, Inc.·4

May 21, 4:09 PM ET

HALL JOHN T 4

Research Summary

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Intapp (INTA) CEO John T. Hall Exercises/Receives Shares; Tax Withheld

What Happened

  • John T. Hall, CEO of Intapp, received shares tied to performance share units (PSUs) and restricted share units (RSUs) that were certified on May 19, 2026 and vested on May 20, 2026. He was credited with 67,748 shares (25,696 from an award and 42,052 from conversions/exercises of derivative awards).
  • To satisfy tax withholding related to the vesting, 34,475 shares were withheld on May 20, 2026 at a price of $20.50 per share, totaling $706,738. After withholding, Hall received approximately 33,273 net shares.
  • This was not an open-market sale or purchase but a routine issuance/vest and tax-withholding related to compensation awards.

Key Details

  • Dates: PSUs certified May 19, 2026; RSU/derivative conversions and withholding occurred May 20, 2026.
  • Prices/values: Tax withholding of 34,475 shares at $20.50 each = $706,738. Award/conversion entries reported at $0 (standard for vested awards/stock-settled conversions).
  • Shares involved: Total credited/acquired = 67,748 shares; shares withheld for taxes = 34,475; net delivered ≈ 33,273.
  • Shares owned after the transactions: Not reported in the provided excerpt of the Form 4.
  • Footnotes/highlights: PSUs were certified by the audit committee (F1); RSUs vested (F2, F4–F7) and are subject to service/vesting schedules; shares were withheld to cover tax obligations (F3).
  • Filing timeliness: Form 4 filed May 21, 2026 for a report period of May 19, 2026 — within the normal reporting window (not marked late).

Context

  • Transaction codes: A = award/grant, M = exercise/conversion of derivative (e.g., conversion of RSUs/PSUs into shares), F = share withholding to pay taxes. The conversions here reflect vesting/settlement of compensation awards rather than market purchases or voluntary sales.
  • The share withholding is a common, routine way executives satisfy tax liabilities on vested awards; it does not necessarily signal a view on the company’s stock.