Form 4: Appian Corp Director, Shirley Ann Edwards, Acquires Shares Under Equity Incentive Plan
SEC Form 4 Filing
Director Shirley Ann Edwards acquired 782 shares of Appian Corp Class A Common Stock on April 1, 2024, under the company's 2017 Equity Incentive Plan.
Summary
- On April 1, 2024, Shirley Ann Edwards, a director of Appian Corp, acquired 782 shares of Class A Common Stock.
- The acquisition was made under the Issuer's 2017 Equity Incentive Plan, pursuant to the Non-Employee Director Compensation Policy approved by the Board of Directors on December 18, 2020.
- The price per share was $0.
- Following the transaction, Edwards directly owns 4,615 shares of Appian Corp Class A Common Stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a standard director compensation transaction. The director's increased stake could be seen as mildly positive, but it's within the expected course of business.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to the director increasing their stake in the company.
Key Dates
| Date | Description |
|---|---|
| December 18, 2020 | Date the Board of Directors approved the Non-Employee Director Compensation Policy. |
| April 01, 2024 | Date of the transaction where Shirley Ann Edwards acquired shares. |
| April 02, 2024 | Date of the Form 4 filing. |
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