Form 4: Appian CEO Sells Shares
Insider Transaction (Form 4)
Matthew W Calkins, CEO and President, a Director and 10% owner of Appian Corp, sold 45,000 shares of common stock on August 7, 2026.
Summary
- Open-market sale: disposed of 2,580 Class A Common Stock at $31.66 ($81,683) on August 7, 2026; holds 1,716,564 after (Direct).
- Open-market sale: disposed of 1,609 Class A Common Stock at $33.09 ($53,242) on August 7, 2026; holds 1,714,955 after (Direct).
- Open-market sale: disposed of 9,264 Class A Common Stock at $34.34 ($318,126) on August 7, 2026; holds 1,705,691 after (Direct).
- Open-market sale: disposed of 31,547 Class A Common Stock at $34.79 ($1,097,520) on August 7, 2026; holds 1,674,144 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,550,570 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Matthew W Calkins — Director, Officer (CEO and President), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-07 | Open-market sale | Class A Common Stock | 2,580 | $32 | $81.7K | 1,716,564 |
| 2026-08-07 | Open-market sale | Class A Common Stock | 1,609 | $33 | $53.2K | 1,714,955 |
| 2026-08-07 | Open-market sale | Class A Common Stock | 9,264 | $34 | $318.1K | 1,705,691 |
| 2026-08-07 | Open-market sale | Class A Common Stock | 31,547 | $35 | $1.1M | 1,674,144 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-07 | Open-market sale (2,580 shares) |
| 2026-08-07 | Open-market sale (1,609 shares) |
| 2026-08-07 | Open-market sale (9,264 shares) |
| 2026-08-07 | Open-market sale (31,547 shares) |
Keywords
insider transaction, Form 4, APPN, APPIAN CORP, bearish, Matthew W Calkins
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