Form 4: Appian Director David Link Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director David Forrest Link acquired 1,296 shares of Appian Corp Class A Common Stock as part of director compensation.
Summary
- Director David Forrest Link 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 of Class A Common Stock is 2,067 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.
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 industry practices for compensating independent directors via equity incentives rather than cash-only retainers.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of equity under the 2017 Equity Incentive Plan. | 2026-04-01 | Minimal; routine compensation adjustment. |
Stakeholder Impact
- Minor dilution impact, though standard for director compensation programs.
Next Steps
- None.
Key Dates
| Date | Description |
|---|---|
| 2020-12-18 | Board approval of the Non-Employee Director Compensation Policy. |
| 2026-04-01 | Date of the equity grant transaction. |
| 2026-04-02 | Date of filing. |
Keywords
Appian, APPN, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan
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