Form 4: AppFolio CFO's Routine Stock Withholding for Taxes
Insider Transaction Report
AppFolio's Chief Financial Officer, Timothy Mathias Eaton, reported the withholding of Class A Common Stock to cover tax obligations related to RSU vesting on November 10, 2025.
Summary
- Timothy Mathias Eaton, Chief Financial Officer of AppFolio Inc. (APPF), reported multiple transactions on November 10, 2025.
- The transactions involved the disposition of Class A Common Stock to satisfy minimum tax withholding obligations.
- These dispositions were in connection with the vesting of various time-based Restricted Stock Units (RSUs).
- The RSUs were granted on several dates: February 9, 2022; March 6, 2023; November 6, 2023; March 5, 2024; March 11, 2024; March 5, 2025; and July 30, 2025.
- The RSU grants were made under the Issuer's 2015 Stock Incentive Plan and 2025 Omnibus Plan.
- A total of 521 shares of Class A Common Stock were disposed of at a price of $254.96 per share.
- Following these reported transactions, Timothy Mathias Eaton directly beneficially owns 10,621 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation and tax obligations, which typically has no material impact on the company's operational or financial outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing reports a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across publicly traded companies and does not reflect specific industry trends or competitive dynamics.
Key Dates
| Date | Description |
|---|---|
| 02/09/2022 | Grant date for a portion of the Restricted Stock Units (RSUs) that vested. |
| 03/06/2023 | Grant date for a portion of the Restricted Stock Units (RSUs) that vested. |
| 11/06/2023 | Grant date for a portion of the Restricted Stock Units (RSUs) that vested. |
| 03/05/2024 | Grant date for a portion of the Restricted Stock Units (RSUs) that vested. |
| 03/11/2024 | Grant date for a portion of the Restricted Stock Units (RSUs) that vested. |
| 03/05/2025 | Grant date for a portion of the Restricted Stock Units (RSUs) that vested. |
| 07/30/2025 | Grant date for a portion of the Restricted Stock Units (RSUs) that vested. |
| 11/10/2025 | Vesting date for Restricted Stock Units (RSUs) and transaction date for the disposition of shares to satisfy tax withholding obligations. |
| 11/12/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 details a standard tax withholding event for an executive's RSU vesting. It does not provide new information regarding the company's performance, strategy, or financial health that would warrant a change in investment recommendation. Investors should continue to evaluate AppFolio based on its core business fundamentals and broader market conditions.
Keywords
APPF, AppFolio, Form 4, insider transaction, RSU vesting, stock withholding, CFO, executive compensation, tax obligations
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