Form 4: Appian Corp Director William D. McCarthy Reports Acquisition and Disposal of Class A Common Stock
SEC Form 4
Director William D. McCarthy reports acquiring 915 shares and disposing of 8,666 shares of Appian Corp Class A Common Stock on October 1, 2024.
Summary
- On October 1, 2024, William D. McCarthy, a director of Appian Corp, reported a transaction involving the company's Class A Common Stock.
- McCarthy acquired 915 shares at a price of $0.
- Concurrently, McCarthy disposed of 8,666 shares.
- Following these transactions, McCarthy directly owns 8,666 shares of Appian Corp.
- The acquisition of shares was 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.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The acquisition of shares was 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.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| December 18, 2020 | Board of Directors approved the Non-Employee Director Compensation Policy. |
| October 01, 2024 | Date of transaction: acquisition and disposal of shares. |
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