Form 4: Appian Corp Director Kramer Transfers Shares to Family Trust

Director Robert Charles Kramer reports gifting 150,000 shares of Appian Corp Class A Common Stock to a family trust on May 6, 2024.

Summary

• Robert Charles Kramer, a director and General Manager at Appian Corporation, filed a Form 4 indicating changes in beneficial ownership.
• On May 6, 2024, Kramer gifted 150,000 shares of Class A Common Stock.
• 150,000 shares were disposed of at $0 price and 150,000 shares were acquired at $0 price.
• Following the transaction, Kramer directly owns 311,382 shares.
• Kramer indirectly owns 150,000 shares through an irrevocable family trust and 9,120 shares through The Robert C. Kramer Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a share transfer, which is neutral in sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The share transfer may have a minor impact on shareholders due to the change in ownership structure, but it's unlikely to be significant.

Key Dates