Form 4: Appian Corp Director Mark Steven Lynch Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Mark Steven Lynch reports a transaction involving Appian Corp Class A Common Stock, including the vesting of Restricted Stock Units (RSUs) and subsequent tax withholding.
Summary
- On January 6, 2025, Mark Steven Lynch, a director of Appian Corporation, reported changes in beneficial ownership of Class A Common Stock.
- 1,393 Restricted Stock Units (RSUs) vested, converting into 1,393 shares of Class A Common Stock.
- 434 shares were disposed of to cover tax obligations at a price of $33.89 per share.
- Following these transactions, Lynch directly owns 37,158 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company director, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 01/08/2021 | RSUs were granted |
| 01/06/2025 | Date of transaction: vesting of RSUs and disposal of shares for tax obligations |
| 01/07/2025 | Date of signature for the Form 4 filing |
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