Form 4: Appian Corp Director William D. McCarthy Acquires Shares
SEC Form 4
Director William D. McCarthy acquired 947 shares of Appian Corp Class A Common Stock on January 2, 2025.
Summary
- On January 2, 2025, William D. McCarthy, a director of Appian Corp, acquired 947 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, as amended and approved by the Board of Directors on December 18, 2020.
- Following the transaction, McCarthy directly owns 8,913 shares of Appian Corp Class A Common Stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a standard director compensation practice. The director's increased stake could be seen as mildly positive.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Director share acquisitions are common and often viewed as a sign of confidence in the company's prospects.
Stakeholder Impact
- The share acquisition could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| December 18, 2020 | Date the Board of Directors approved the amended Non-Employee Director Compensation Policy. |
| January 02, 2025 | Date of the transaction where William D. McCarthy acquired shares. |
| January 03, 2025 | Date of signature for the Form 4 filing. |
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