Form 4: Appian Director Albert G.W. Biddle III Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Albert G.W. Biddle III reports acquisition of shares and adjustments to beneficial ownership of Appian Corporation stock.
Summary
- On October 1, 2024, Albert G.W. Biddle III, a director of Appian Corporation, reported changes in his beneficial ownership of the company's Class A Common Stock.
- Biddle acquired 915 shares of Class A Common Stock at $0 per share.
- Following the transaction, Biddle directly owns 29,391 shares.
- Biddle also indirectly owns 15,479 shares each through Trust I, Trust II, and Trust III, family trusts for the benefit of his children, and 82,500 shares through Jack Biddle, Inc. (JBI), where he serves as president.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition, which can be seen as a slightly positive sign of confidence, but it's not a major event.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge sentiment and potential future performance.
Stakeholder Impact
- The transaction may have a minor 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. |
| October 01, 2024 | Date of the transaction and filing of the Form 4. |
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