Form 4: Appian Corp Director Mark Steven Lynch Acquires Shares
SEC Form 4
Director Mark Steven Lynch acquired 782 shares of Appian Corp Class A Common Stock on April 1, 2024.
Summary
- On April 1, 2024, Mark Steven Lynch, a director of Appian Corporation, acquired 782 shares of Class A Common Stock.
- The shares were acquired at a price of $0 per share.
- Following the transaction, Lynch directly owns 41,285 shares of Appian Corp Class A Common Stock.
- The acquisition was made under the Issuer's 2017 Equity Incentive Plan, as amended and approved by the Board of Directors on December 18, 2020.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The director's acquisition of shares could be seen as mildly positive, but it's a routine occurrence.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of a director's stock transaction, which is common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
Key Dates
| Date | Description |
|---|---|
| 2020-12-18 | Date the Board of Directors approved the amendment to the Non-Employee Director Compensation Policy. |
| 2024-04-01 | Date of the transaction where Mark Steven Lynch acquired shares. |
| 2024-04-02 | Date of the signature on the Form 4 filing. |
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