Form 4: Appian Corp CEO Matthew Calkins Acquires 54,235 Shares of Class A Common Stock
SEC Form 4 Filing
Appian Corp's CEO, Matthew Calkins, acquired 54,235 shares of Class A Common Stock on November 12, 2024, bringing his total holdings to 1,778,327 shares.
Summary
- Matthew Calkins, CEO and President of Appian Corp, acquired 54,235 shares of Class A Common Stock on November 12, 2024.
- The acquisition was a direct purchase, and the price per share was $0, indicating a grant or similar transaction.
- Following this transaction, Calkins now directly owns 1,778,327 shares of Appian's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting a standard insider transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the holdings of company executives.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for publicly traded companies in the United States.
- The reporting of insider transactions is a common requirement to ensure transparency and prevent insider trading.
- Similar filings are made by executives at companies like Salesforce, ServiceNow, and Adobe when they acquire or dispose of company stock.
Stakeholder Impact
- This transaction increases the CEO's stake in the company, potentially aligning his interests more closely with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date of the transaction where Matthew Calkins acquired 54,235 shares of Class A Common Stock. |
| 11/13/2024 | Date the SEC Form 4 was signed by Angela Patterson, Attorney-in-Fact. |
Keywords
Appian Corp, Matthew Calkins, Class A Common Stock, SEC Form 4, Insider Trading, Beneficial Ownership, Equity Acquisition
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