Form 4: Appian Corp Director Bobbie G Kilberg Reports Acquisition of 915 Shares
SEC Form 4
Director Bobbie G Kilberg reported acquiring 915 shares of Appian Corp Class A Common Stock on October 1, 2024, through a grant under the company's 2017 Equity Incentive Plan.
Summary
- On October 1, 2024, Bobbie G Kilberg, a director of Appian Corporation, acquired 915 shares of Class A Common Stock.
- The acquisition was a grant under the Issuer's 2017 Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy.
- The price of the acquired shares was $0.
- Following the transaction, Kilberg directly owns 915 shares and indirectly owns 10,535 shares through various trusts.
- 1,246 shares are held by the Barbara Greene Kilberg Living Trust U/A dated July 1, 1998, of which William and Barbara Kilberg are the co-trustees; 1,246 shares held by the Kilberg Family Trust U/A dated October 13, 2021, of which Barbara Kilberg is the trustee; and 8,043 shares held by William & Barbara Kilberg Trustees of the William Kilberg Trust dated July 1, 1998 and Barbara & William Kilberg Trustees of the Barbara Kilberg Trust dated July 1, 1998, Tenants in Common ('WB Trust').
- Includes 1,012 shares previously owned directly that were contributed to the WB Trust on 7/17/2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a director's share acquisition. The acquisition itself can be seen as mildly positive, but the document 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
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| July 1, 1998 | Date of the Barbara Greene Kilberg Living Trust U/A and the William Kilberg Trust. |
| December 18, 2020 | Date the Board of Directors approved the amended Non-Employee Director Compensation Policy. |
| October 13, 2021 | Date of the Kilberg Family Trust U/A. |
| July 17, 2024 | Date 1,012 shares previously owned directly were contributed to the WB Trust. |
| October 1, 2024 | Date of the share acquisition by Bobbie G Kilberg. |
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