Intapp (INTA) CEO John T Hall Withholds 65,061 Shares for Taxes

What Happened

• John T. Hall, CEO of Intapp, reported awards and the settlement of equity-based awards tied to performance and service. On Aug 19–20, 2026 he received/earned RSUs and performance share awards and converted/settled certain derivative awards into common stock. As part of the vesting/settlement, 65,061 shares were withheld to satisfy tax withholding obligations at a reported per-share value of $40.09, resulting in approximately $2,608,295 in consideration.
• The filing shows grants/awards (A) of shares on Aug 19 (including performance share units and RSU grants) and multiple exercises/conversions of derivatives (M) on Aug 20 that resulted in acquisition of shares, with simultaneous dispositions of certain shares to cover taxes (F). The awards themselves were granted/earned at $0.00 (no cash purchase).

Key Details

• Transaction dates: awards certified Aug 19, 2026; conversions/settlements and tax withholding occurred Aug 20, 2026. Form 4 filed Aug 21, 2026 (timely).
• Withheld shares: 65,061 shares withheld at $40.09/share → ~$2,608,295 reported as disposed to satisfy tax obligations.
• Awards/settlements: reported acquired amounts include 85,810 shares (earned PSUs) and additional RSU-related grants (144,000 shares shown as derivative awards), plus conversions of 8,605; 5,948; and 27,500-share tranches on Aug 20.
• Footnotes of note:
  • F1: 85,810 shares earned as performance share units certified by the audit committee (subject to service vesting that lapsed Aug 20, 2026).
  • F2/F4–F9: Transactions involve RSU grants and vesting schedules; RSUs represent contingent rights to receive one share each.
  • F3: The 65,061-share disposition represents shares withheld to cover tax liability upon vesting/settlement.
• Shares owned after the transactions are not provided in the excerpt of the filing.

Context

• These transactions are typical vesting and settlement activity, not open-market purchases or discretionary sales; the key cash flow here is the tax withholding (F code) rather than an opportunistic sale. For derivative/RSU activity: the filing reflects conversion/settlement of awarded units into common stock and a net share withholding to satisfy taxes (a common “net settlement” mechanism).