Harrison David Benjamin 4
4 · Intapp, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Intapp (INTA) President David Benjamin Receives Awards, Exercises Shares
What Happened
David Benjamin, President — Industries at Intapp (INTA) — had performance share units (PSUs) and restricted stock units (RSUs) vest and convert into common stock. The filing shows 24,819 shares were acquired through award/derivative conversion (grants certified May 19; conversions on May 20) at a $0 exercise price. To satisfy tax withholding, 9,740 shares were withheld/disposed at $20.50 per share for a total withholding of $199,670. The underlying transactions reflect award vesting and conversion rather than an open-market sale or a cash purchase.
Key Details
- Transaction dates: awards certified May 19, 2026; RSU/PSU conversions and tax withholding on May 20, 2026. Filing date: May 21, 2026 (appears timely).
- Shares acquired (net conversions/settlements): 24,819 shares (8,929 from PSUs + 15,890 from RSU/derivative conversions).
- Shares withheld for taxes: 9,740 shares at $20.50 = $199,670 (reported as a disposition for tax withholding).
- Exercise/conversion price: $0 for the converted awards (these were equity awards vesting into shares).
- Shares owned after transaction: not stated in the provided filing excerpt.
- Notable footnotes: PSUs were certified by the audit committee (F1); RSUs vested/converted and some vesting schedules are noted (F2–F7); F3 confirms shares were withheld to cover taxes.
Context
This filing documents routine vesting/conversion of company equity awards and the related tax withholding (a common net-settlement). The derivatives/“M” entries indicate conversion/exercise of award units into shares; the “F” entry shows shares withheld to cover tax obligations. These actions are not open-market purchases or discretionary sale signals by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-19+8,929→ 27,436 total - Exercise/Conversion
Common Stock
[F2]2026-05-20+2,891→ 30,327 total - Exercise/Conversion
Common Stock
[F2]2026-05-20+1,749→ 32,076 total - Exercise/Conversion
Common Stock
[F2]2026-05-20+11,250→ 43,326 total - Tax Payment
Common Stock
[F3]2026-05-20$20.50/sh−9,740$199,670→ 33,586 total - Exercise/Conversion
Restricted Share Units
[F4][F2][F5]2026-05-20−2,891→ 14,466 total→ Common Stock (2,891 underlying) - Exercise/Conversion
Restricted Share Units
[F4][F2][F6]2026-05-20−1,749→ 15,753 total→ Common Stock (1,749 underlying) - Exercise/Conversion
Restricted Share Units
[F4][F2][F7]2026-05-20−11,250→ 78,750 total→ Common Stock (11,250 underlying)
Footnotes (7)
- [F1]The shares of Intapp, Inc.'s (the "Issuer") common stock reported in this Form 4 represent shares earned, as certified by the audit committee of the board of directors of the Issuer on May 19, 2026, based on the level of achievement of the applicable performance conditions over the applicable performance period, in respect of performance share units granted pursuant to the Intapp, Inc. 2021 Omnibus Incentive Plan. The earned shares of Issuer common stock reported in this Form 4 are subject to service-based vesting requirements that lapsed on May 20, 2026.
- [F2]The reported transaction involved a restricted share unit ("RSU") vesting on May 20, 2026.
- [F3]Shares of Intapp, Inc. common stock withheld for taxes upon the vesting of performance share units and RSUs granted pursuant to the Intapp, Inc. 2021 Omnibus Incentive Plan.
- [F4]Each RSU represents a contingent right to receive one share of Intapp, Inc. common stock.
- [F5]The RSUs have vested and will vest, subject to continued employment, as to 8.33% of the shares on November 20, 2024, and in 11 equal quarterly installments thereafter.
- [F6]The RSUs have vested and will vest, subject to continued employment, as to 8.33% of the shares on November 20, 2025, and in 11 equal quarterly installments thereafter.
- [F7]The RSUs have vested and will vest, subject to continued employment, as to 12.5% of the shares on May 20, 2026, and in seven equal quarterly installments thereafter.