Form 4: Appian Director Kilberg Receives Equity Grant

Appian Corporation Director Bobbie G. Kilberg reported the acquisition of 882 shares of Class A Common Stock as part of her non-employee director compensation.

Summary

• Bobbie G. Kilberg, a Director of Appian Corporation (APPN), acquired 882 shares of Class A Common Stock.
• The transaction occurred on January 1, 2026, with a transaction code of 'A' indicating an acquisition.
• These shares were granted at a price of $0 under the Issuer's 2017 Equity Incentive Plan and Non-Employee Director Compensation Policy.
• The Non-Employee Director Compensation Policy was approved by the Board of Directors on December 18, 2020.
• Following this transaction, Ms. Kilberg directly owns 882 shares of Class A Common Stock.
• Additionally, Ms. Kilberg indirectly beneficially owns 37,549 shares through various trusts.
• Indirect holdings include 1,246 shares by the Barbara Greene Kilberg Living Trust, 1,246 shares by the Kilberg Family Trust, and 25,057 shares by the William & Barbara Kilberg Trustees of the William Kilberg Trust and Barbara & William Kilberg Trustees of the Barbara Kilberg Trust, Tenants in Common ("WB Trust").
• The WB Trust's holdings include 22,000 shares previously owned directly and contributed to the trust on December 10, 2025.

Sentiment

Score: 6

Explanation: The filing reports a routine stock grant to a director as part of their compensation, which is a neutral event with a slight positive for aligning director interests with shareholders. It does not indicate any significant positive or negative operational or financial news.

Positives

• Director Bobbie G. Kilberg received 882 shares of Class A Common Stock, aligning her interests with shareholders.
• The grant is part of a pre-approved compensation policy, indicating structured corporate governance.

Future Outlook

This filing is a disclosure of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a standard regulatory disclosure of an insider transaction and does not provide information relevant to broader industry trends or competitive analysis. It reflects routine director compensation practices within publicly traded companies.

Corporate Governance

Related Party Transactions

• Indirect beneficial ownership of 37,549 shares is held through various trusts (Barbara Greene Kilberg Living Trust, Kilberg Family Trust, and William & Barbara Kilberg Trustees of the William Kilberg Trust and Barbara & William Kilberg Trustees of the Barbara Kilberg Trust), which are related parties to the reporting person.

Stakeholder Impact

• Shareholders: The grant of shares to a director helps align the director's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term shareholder value.

Key Dates

Keywords

Appian, APPN, Form 4, Insider Transaction, Stock Grant, Director Compensation, Equity Incentive Plan, Corporate Governance