Form 4: Appian Corp Director Kramer Receives 7,500 Restricted Stock Units

Robert Charles Kramer, General Manager and Director at Appian Corporation, was granted 7,500 Restricted Stock Units (RSUs) on February 11, 2025, according to a Form 4 filing.

Summary

• Robert Charles Kramer, a Director and General Manager at Appian Corporation, received 7,500 Restricted Stock Units (RSUs) on February 11, 2025.
• Each RSU represents a contingent right to receive one share of Appian's Class A Common Stock or its cash equivalent.
• The RSUs vest in four equal annual installments starting on March 5, 2026, contingent upon continuous service to Appian through each vesting date.

Sentiment

Score: 7

Explanation: The document indicates a standard executive compensation practice, which is generally viewed neutrally to positively as it incentivizes management. The sentiment is therefore moderately positive.

Positives

• The grant of RSUs to a key executive like Robert Charles Kramer can be seen as a positive incentive for continued service and performance.

Future Outlook

The RSUs vest over four years, incentivizing the reporting person to remain with the company.

Industry Context

Granting RSUs is a common practice in the tech industry to align the interests of executives with those of shareholders and incentivize long-term growth.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive incentive for the executive to contribute to the company's long-term success.
• Employees may see the RSU grant as a sign of the company's commitment to rewarding its leadership.

Key Dates