Form 4: Appian Corp Director, Shirley Ann Edwards, Acquires Shares Under Equity Incentive Plan
SEC Form 4
Director Shirley Ann Edwards acquired 1,012 shares of Appian Corp Class A Common Stock on July 1, 2024, under the company's 2017 Equity Incentive Plan.
Summary
- On July 1, 2024, Shirley Ann Edwards, a director of Appian Corp, acquired 1,012 shares of Class A Common Stock.
- The acquisition was made under the Issuer's 2017 Equity Incentive Plan, following the Non-Employee Director Compensation Policy approved by the Board of Directors on December 18, 2020.
- Following the transaction, Edwards directly owns 5,627 shares.
Sentiment
Score: 6
Explanation: Routine director share acquisition under existing compensation plan; neutral impact.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Director share acquisitions are common and often tied to compensation plans, aligning director interests with shareholder value.
Stakeholder Impact
- The share acquisition could have a slightly positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| December 18, 2020 | Date the Board of Directors approved the Non-Employee Director Compensation Policy. |
| July 1, 2024 | Date of the transaction where Shirley Ann Edwards acquired shares. |
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