Intapp (NASDAQ: INTA) president sells 40,284 shares in planned trade

What happened

Intapp, Inc. (NASDAQ: INTA) said David Benjamin Harrison, President, Industries, sold 40,284 shares of common stock on 2026-10-20. The shares changed hands at a weighted average price of $45.26, in a range from $45.00 to $45.91, for about $1.82 million. The transaction was reported on SEC Form 4.

After the sale, Harrison held 15,599 shares. The filing says the trade was made under a Rule 10b5-1 plan put in place on December 15, 2025. Harrison is identified as an officer of Intapp, and the form lists the disposition as common stock. The weighted average price reflects multiple sales at different prices.

Key numbers

Metric Latest Change Source
Shares sold 40,284 shares SEC Form 4
Weighted average sale price $45.26 SEC Form 4
Total sale value about $1.82 million SEC Form 4
Shares held after sale 15,599 shares SEC Form 4
Sale as share of pre-trade holding 72.1% Calculated from SEC Form 4

Read more: Intapp (INTA) stock analysis and investment case

Why it matters

OptimistFi's case is that Intapp can keep winning in regulated professional services and turn high gross margins and cash generation into GAAP operating leverage. This filing is mixed for that case because it shows a senior executive selling shares. The trade was prearranged under a Rule 10b5-1 plan, so it is less revealing than a discretionary sale. The sale leaves the investment case mixed, not changed outright.

OptimistFi's calculation shows the 40,284 shares sold were about 72.1% of Harrison's pre-trade holding, which implies 55,883 shares before the transaction. Harrison's post-sale position was 15,599 shares. The weighted average price of $45.26 sits near the middle of the reported $45.00 to $45.91 range. That makes the disposition large relative to the stake, but still within the disclosed plan.

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What's next

Later Form 4 filings will show whether Harrison keeps selling under the same plan. If additional planned sales appear, they would extend the reduction in his stake. If no further sales follow, this filing will stand as a single planned disposal.

The plan date was December 15, 2025, so any follow-on trades under it will continue to be reported in later ownership forms. That is the next public check on the size of Harrison's remaining stake.

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From OptimistFi Perps

Sources

  • SEC Form 4 — Insider trade filing for David Benjamin Harrison of Intapp, Inc.

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Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.