Intapp (INTA) CEO John Hall Exercises Options, Sells 3,000 Shares

What Happened
John T. Hall, CEO of Intapp, exercised stock options and sold shares on September 21, 2026. He exercised options to acquire 3,000 shares at $7.45 per share (cost $22,350) and contemporaneously sold 3,000 shares in an open-market transaction at $36.74 per share, generating $110,220 in gross proceeds. The exercise and sale were executed under a pre-established 10b5-1 trading plan. Net cash proceeds from the exercise and sale were approximately $87,870 before taxes and fees.

Key Details

• Transaction date: 2026-09-21. Filing date: 2026-09-23 (filed two days after the trade). No indication of a late filing.
• Reported transactions:
  • M (Option exercise/acquisition): 3,000 shares @ $7.45 = $22,350 (acquired)
  • S (Open-market sale): 3,000 shares @ $36.74 = $110,220 (disposed)
  • M (Derivative disposition): 3,000 shares @ $0.00 (reported as disposed; filing lists this as a derivative conversion)
• Shares owned after the transaction: not specified in the filing.
• Footnotes: (F1) Transactions were executed pursuant to a 10b5-1 plan established December 15, 2025. (F2) The option shares were fully vested and exercisable as of the transaction date.

Context

• This was an option exercise followed by an immediate sale (a common cashless-style transaction), not a new open-market buy. Sales are often routine liquidity events, especially when done under a 10b5-1 plan.
• The 10b5-1 plan signals the trades were pre-planned and not opportunistic reactions to current information; it does not comment on the CEO’s view of the company’s prospects.