Form 4: Appian Director Shirley Edwards Receives Equity Grant

Appian Corp. Director Shirley Ann Edwards was granted 1,022 shares of Class A Common Stock as part of her compensation.

Summary

• Shirley Ann Edwards, a Director of Appian Corp. (APPN), acquired 1,022 shares of Class A Common Stock.
• The shares were granted on October 1, 2025, at a price of $0 per share, indicating they were part of a compensation package.
• This grant was made under the Issuer's 2017 Equity Incentive Plan, consistent with the Non-Employee Director Compensation Policy approved by the Board of Directors on December 18, 2020.
• Following this transaction, Shirley Ann Edwards beneficially owns a total of 10,641 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects routine director compensation and increased alignment of a director's interests with shareholders, without indicating any negative operational or financial news.

Positives

• The grant of shares to a director aligns their interests with those of shareholders, encouraging long-term value creation.
• This transaction is part of a pre-approved compensation policy, indicating structured and transparent governance regarding director remuneration.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

Equity grants to non-employee directors are a standard practice across publicly traded companies, serving to compensate directors for their service and align their financial interests with those of the company's shareholders. This is a routine compensation event for a director at a technology company like Appian.

Comparison to Industry Standards

• The practice of granting equity as part of non-employee director compensation is a widely accepted standard in corporate governance, particularly within the technology sector. Companies like Salesforce, Microsoft, and Adobe frequently utilize similar equity incentive plans to compensate their independent directors, typically involving restricted stock units or stock options.
• The grant of 1,022 shares is a specific amount determined by Appian's compensation policy, which is generally benchmarked against peer companies to ensure competitive and appropriate remuneration for board service.

Stakeholder Impact

• Shareholders: The grant increases the director's ownership stake, potentially enhancing alignment between management and shareholder interests.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Appian, APPN, Shirley Ann Edwards, Director Compensation, Equity Grant, Insider Transaction, Form 4, Stock Award