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

What Happened

• John T. Hall, CEO of Intapp, exercised stock options and sold shares on August 17, 2026. He exercised 3,000 option shares at $7.45 per share (total cost $22,350) and reported a related disposition of 3,000 derivative shares at $0.00. He sold 1,700 shares at a weighted avg. price of $38.7748 (proceeds $65,917) and 1,300 shares at a weighted avg. price of $39.4369 (proceeds $51,268), for total sale proceeds of about $117,185. These transactions were carried out under a pre-established 10b5-1 plan.

Key Details

• Transaction date: August 17, 2026.
• Option exercise: 3,000 shares @ $7.45 (M — acquired); cost $22,350.
• Sales: 1,700 shares @ weighted avg $38.7748 (S) and 1,300 shares @ weighted avg $39.4369 (S); total proceeds ≈ $117,185. Reported price ranges: $38.44–$38.99 and $39.03–$39.80 (see footnote).
• Derivative disposition: 3,000 shares @ $0.00 (reported as disposed; filing lists this as a derivative entry).
• Footnotes: Transactions executed pursuant to a 10b5-1 plan established Dec 15, 2025; underlying options fully vested as of the date; weighted-average sale prices reflect multiple trades (detailed split available on request).
• Shares owned after transaction: Not specified in this filing.
• Timeliness: Filed Aug 18, 2026 for transactions on Aug 17, 2026 — appears timely (no late filing flag).

Context

• This is effectively a routine exercise-and-sell transaction executed under a pre-set 10b5-1 trading plan (common for executives to automate sales). The filing shows an option exercise followed by open-market sales the same day; the reported zero-price derivative disposition reflects the option/share conversion reporting on the Form 4 rather than a cash sale at $0. This type of transaction documents liquidity by the insider but does not, by itself, indicate a change in company outlook.