SCHRAMM LYRA AMBER 4
Research Summary
AI-generated summary
Intapp (INTA) Chief People & Places Officer Lyra Schramm Receives Award
What Happened Lyra Schramm, Intapp's Chief People & Places Officer, received a grant of 96,212 restricted stock units (RSUs) on July 1, 2026. The reported acquisition price is $0.00 because this was a compensation award (derivative grant)—each RSU represents a contingent right to one share of Intapp common stock and has no immediate cash proceeds.
Key Details
- Transaction date: July 1, 2026; Filing date (Form 4): July 6, 2026 (appears to be filed after the usual 2-business-day Form 4 window).
- Award: 96,212 RSUs granted; reported acquisition price $0.00 (derivative grant).
- Vesting (per filing footnotes): 33% of the RSUs vest on August 20, 2027, with the remainder vesting in eight equal quarterly installments thereafter.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notes: RSUs granted under the Intapp, Inc. 2021 Omnibus Incentive Plan; no 10b5-1 plan, tax-withholding, or sale information reported in the excerpt.
Context RSU grants are a common form of executive compensation and do not represent an open-market purchase or sale. Because RSUs are contingent on continued employment and vest over time, they do not necessarily signal immediate insider buying or selling intent. The later filing date may be worth noting for compliance/timeliness considerations.