Form 4: Appian Director Carl Hartman Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Carl Hartman II acquired 1,296 shares of Appian Corp Class A Common Stock as part of director compensation.
Summary
- Director Carl Hartman II was granted 1,296 shares of Class A Common Stock on April 1, 2026.
- The shares were issued at a price of $0 per share as part of the company's Non-Employee Director Compensation Policy.
- Following this transaction, the director's total beneficial ownership in the company increased to 7,192 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation with no impact on company operations or financial strategy.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine disclosure of director compensation.
Industry Context
StockSavvy.ai notes that routine equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in the long-term performance of the company.
Comparison to Industry Standards
- The grant follows standard equity compensation practices for publicly traded technology companies.
- The use of the 2017 Equity Incentive Plan is consistent with established corporate governance frameworks.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- None identified.
Key Dates
| Date | Description |
|---|---|
| 2020-12-18 | Date the Non-Employee Director Compensation Policy was last amended and approved by the Board. |
| 2026-04-01 | Date of the equity grant transaction. |
| 2026-04-02 | Date the Form 4 was signed and filed. |
Keywords
Appian, APPN, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan
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