Form 4: Appian Corp Director Mark Steven Lynch Reports Changes in Beneficial Ownership

Director Mark Steven Lynch reports transactions involving Appian Corp Class A Common Stock, including the conversion and vesting of Restricted Stock Units (RSUs).

Summary

• On November 5, 2024, Director Mark Steven Lynch executed transactions involving Appian Corporation's Class A Common Stock.
• These transactions included the conversion of 4,522 Restricted Stock Units (RSUs) into Class A Common Stock at a price of $0.
• Additionally, 1,601 shares of Class A Common Stock were disposed of at a price of $38.67.
• Following these transactions, Lynch directly owns 35,726 shares of Class A Common Stock.
• Lynch was also granted 6,465 RSUs on November 5, 2024, which vest on May 5, 2025.
• After the reported transactions, Lynch beneficially owns 6,465 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing showing transactions related to equity compensation. The disposal of a small number of shares is not significantly concerning.

Positives

• The granting of 6,465 RSUs to a director signals continued alignment of interests with the company's future performance.

Negatives

• The disposal of 1,601 shares could be interpreted negatively, although it's a relatively small portion of Lynch's holdings.

Future Outlook

The document does not contain specific forward-looking statements, but the granting of RSUs suggests an expectation of continued service and contribution from the director.

Industry Context

Form 4 filings are a routine part of corporate governance and provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares upon RSU vesting.

Key Dates