Intapp (INTA) CEO John T. Hall Sells Shares, Exercises Options

What Happened
John T. Hall, CEO of Intapp, executed option-related transactions and an open-market sale on August 5, 2026. He exercised 75,000 options at $7.45 per share (cost $558,750) to acquire shares. Separately, he sold 146,674 shares in the open market at a weighted average price of $36.86, generating approximately $5,405,890 in proceeds. The filing also records a 75,000-share derivative disposition reported at $0 (see Key Details for notes).

Key Details

• Transaction date: August 5, 2026. Form 4 filed August 7, 2026 (two business days after the transactions).
• Sales: 146,674 shares sold; weighted average price $36.86; total proceeds ≈ $5,405,890. Reported price range for the sales: $36.50–$37.38.
• Option exercise: 75,000 shares exercised at $7.45 per share; cash paid $558,750. The filing also shows a 75,000-share derivative disposition at $0.
• Footnotes: (F1) the option exercise and sale were executed pursuant to a 10b5-1 plan established Dec 15, 2025; (F2) sale price is a weighted average across multiple trades (range provided); (F3) the optioned shares were fully vested as of the date.
• Shares owned after the transaction: not specified in this Form 4.
• Transaction codes: S = sale, M = exercise/conversion of derivative. No indication in the filing that it was a late submission.

Context

• M-coded entries are option exercises (the CEO acquired shares by exercising options). The separate sale is an open-market disposition executed under a pre-established 10b5-1 plan, which is a common automated trading arrangement for insiders.
• The filing records a 75,000-share derivative disposal at $0 (often used to reflect net settlement, withholding, or conversion mechanics); the Form 4 provides no additional detail beyond the footnotes.
• Sales by executives can be routine (e.g., tax obligations or plan-driven) — this report is factual and does not indicate intent or company outlook. Purchases or exercised acquisitions (like the 75,000-share exercise) are generally more informative about insider buying activity.