APPN.NASDAQAppian CORP

Form 4: Appian Corp Director Mark Steven Lynch Reports Acquisition of 915 Shares

Sentiment:

SEC Form 4


Director Mark Steven Lynch reported acquiring 915 shares of Appian Corp Class A Common Stock on October 1, 2024, at a price of $0 per share, increasing his direct holdings to 32,805 shares.

Summary

  • On October 1, 2024, Mark Steven Lynch, a director of Appian Corporation, acquired 915 shares of Class A Common Stock.
  • The shares were granted under the Issuer's 2017 Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy.
  • The price per share was $0.
  • Following the transaction, Lynch directly owns 32,805 shares of Appian Corporation Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares generally signals confidence, but the grant was part of a pre-existing compensation plan.

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

Director share acquisitions are common and are often viewed as a sign of confidence in the company's future performance. This transaction is specific to Appian Corp and its director compensation policy.

Stakeholder Impact

  • The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
December 18, 2020Board of Directors approved the amended Non-Employee Director Compensation Policy.
October 01, 2024Date of transaction: Mark Steven Lynch acquired 915 shares of Appian Corp Class A Common Stock.
October 01, 2024Date of report: /s/ Angela Patterson, Attorney-in-Fact

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