Form 4: Appian Corp Director William D. McCarthy Reports Acquisition of Class A Common Stock
SEC Form 4 Filing
Director William D. McCarthy reported acquiring 782 shares of Appian Corp Class A Common Stock on April 1, 2024.
Summary
- On April 1, 2024, William D. McCarthy, a director of Appian Corp, acquired 782 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.
- Following the transaction, McCarthy directly owns 6,739 shares of Appian Corp Class A Common Stock.
- The transaction was reported on April 2, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. The acquisition of shares by a director is generally viewed positively, but it's not a major event.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director ownership.
Key Dates
| Date | Description |
|---|---|
| December 18, 2020 | Date the Board of Directors approved the Non-Employee Director Compensation Policy, as amended. |
| April 1, 2024 | Date of the transaction where William D. McCarthy acquired 782 shares of Class A Common Stock. |
| April 2, 2024 | Date the Form 4 was signed and filed. |
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