Form 4: Appian Corp Director Carl Joseph Hartman II Acquires Shares Through Equity Incentive Plan

Director Carl Joseph Hartman II acquired 947 shares of Appian Corp Class A Common Stock through the company's equity incentive plan.

Summary

• Carl Joseph Hartman II, a director at Appian Corp, acquired 947 shares of Class A Common Stock on January 2, 2025.
• The shares were granted under the company's 2017 Equity Incentive Plan.
• The grant was made pursuant to the Non-Employee Director Compensation Policy, as amended and approved by the Board of Directors on December 18, 2020.
• The acquisition price was $0, indicating a grant rather than a purchase.
• Following the transaction, Hartman directly owns 1,862 shares of Appian Corp Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The share acquisition demonstrates alignment between the director's interests and the company's performance.
• The grant is part of the company's established Non-Employee Director Compensation Policy.

Industry Context

This type of equity grant is a common practice for compensating non-employee directors in publicly traded companies, aligning their interests with those of shareholders.

Comparison to Industry Standards

• Equity grants to non-employee directors are a standard practice across the technology industry, with companies like Salesforce, Workday, and ServiceNow also utilizing similar compensation methods.
• The size of the grant is typical for a director role, and the vesting schedule would be detailed in the 2017 Equity Incentive Plan.

Stakeholder Impact

• The share acquisition is a positive signal to shareholders, indicating that the director's interests are aligned with the company's success.
• The grant does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Appian Corp, Director, Equity Incentive Plan, Share Acquisition, Form 4, Carl Joseph Hartman II, Non-Employee Director Compensation