Form 4: Appian Corp Director Albert G.W. Biddle III Reports Acquisition of 1,012 Shares

Director Albert G.W. Biddle III reports acquiring 1,012 shares of Appian Corp Class A Common Stock on July 1, 2024, while also detailing indirect ownership through family trusts and Jack Biddle, Inc.

Summary

• On July 1, 2024, Albert G.W. Biddle III, a director of Appian Corporation, reported acquiring 1,012 shares of Class A Common Stock.
• These shares were granted under the Issuer's 2017 Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy.
• The director also has indirect ownership of Appian Corporation shares through family trusts (Trust I, Trust II, and Trust III) and Jack Biddle, Inc.
• Each trust holds 15,479 shares.
• Jack Biddle, Inc. holds 82,500 shares.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of share acquisition by a director. The acquisition itself can be seen as mildly positive, but the filing is primarily informational.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder confidence.

Key Dates