Form 4: Appian Corp Director Albert G.W. Biddle III Reports Acquisition of Class A Common Stock
SEC Form 4 Filing
Director Albert G.W. Biddle III reports acquiring 782 shares of Appian Corp Class A Common Stock on April 1, 2024.
Summary
- On April 1, 2024, Albert G.W. Biddle III, a director of Appian Corporation, acquired 782 shares of Class A Common Stock at a price of $0.
- Following the transaction, Biddle directly owns 16,464 shares.
- Biddle also indirectly owns 15,479 shares through Trust I, 15,479 shares through Trust II, 15,479 shares through Trust III and 82,500 shares through Jack Biddle, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction. The acquisition of shares by a director is generally viewed as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| December 18, 2020 | Board of Directors approved the amended Non-Employee Director Compensation Policy. |
| April 01, 2024 | Date of transaction: Albert G.W. Biddle III acquired 782 shares of Class A Common Stock. |
| April 02, 2024 | Date of signature for the Form 4 filing. |
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