Form 4: Appian Corp Director Albert G.W. Biddle III Reports Stock Sale
SEC Form 4
Director Albert G.W. Biddle III of Appian Corp. reports selling 990 shares of Class A Common Stock at $33.21 on February 24, 2025.
Summary
- On February 24, 2025, Albert G.W. Biddle III, a director of Appian Corp, sold 990 shares of Class A Common Stock.
- The sale price was $33.21 per share.
- Following the transaction, Biddle directly owns 29,348 shares.
- Biddle also indirectly owns 82,500 shares through Jack Biddle, Inc., where he serves as president.
- Additionally, he indirectly owns 15,479 shares each through three family trusts (Trust I, Trust II, and Trust III) for the benefit of his children, where he acts as trustee for each trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the market. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock sale transaction and filing date of the Form 4. |
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