APPN.NASDAQAppian CORP

Form 4: Appian Corp Director Albert G.W. Biddle III Reports Acquisition of Class A Common Stock

Sentiment:

SEC Form 4


Director Albert G.W. Biddle III reports acquiring Class A Common Stock in Appian Corp through a grant and indirect ownership via family trusts and Jack Biddle, Inc.

Summary

  • On January 2, 2025, Albert G.W. Biddle III, a director of Appian Corp, acquired 947 shares of Class A Common Stock at $0 per share.
  • Following the transaction, Biddle directly owns 30,338 shares.
  • Biddle also has indirect ownership of 15,479 shares each through Trust I, Trust II, and Trust III, family trusts for the benefit of his children, for which he serves as trustee.
  • Additionally, Biddle indirectly owns 82,500 shares through Jack Biddle, Inc., where he serves as president.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock ownership changes by a director. The acquisition of shares can be seen as a positive, but it's not a major event.

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 standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the ownership of company stock by a director.

Key Dates

DateDescription
December 18, 2020Amendment and approval of the Issuer's Non-Employee Director Compensation Policy by the Board of Directors.
January 02, 2025Date of transaction: Albert G.W. Biddle III acquired Class A Common Stock.
January 03, 2025Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.