APPF Form 144: 3,584 Shares Scheduled for Sale

APPF (Form 144): Notice of proposed sale of Common Stock.

Rhea-AI Filing Summary

APPF (Form 144): Notice of proposed sale of Common Stock. The filing lists 3,584 shares of Common Stock scheduled for sale on 05/10/2026 and reports prior 10b5-1 sales of 6,963 shares on 02/17/2026 for $1,181,859.38. The broker listed is Morgan Stanley Smith Barney LLC.

Insights

Securities Compliance Counsel

Routine Form 144 notice of proposed resale under a 10b5-1 plan; neutral compliance signal.

The filing records a proposed sale of 3,584 shares on 05/10/2026 and earlier 10b5-1 trades of 6,963 shares on 02/17/2026 generating $1,181,859.38. These entries align with broker-assisted resale reporting requirements.

Cash‑flow treatment and holder identity beyond the broker are not detailed in the excerpt; subsequent filings or transaction confirmations would show settlement and actual disposition details.

Key Figures

Shares scheduled for sale: 3,584 shares Prior 10b5-1 shares sold: 6,963 shares Proceeds from prior sale: $1,181,859.38 +1 more

4 metrics

Shares scheduled for sale 3,584 shares scheduled sale date 05/10/2026

Prior 10b5-1 shares sold 6,963 shares sale date 02/17/2026

Proceeds from prior sale $1,181,859.38 02/17/2026 10b5-1 sale

Broker listed Morgan Stanley Smith Barney LLC filer information section

Key Terms

10b5-1, PSU/RSU, Form 144

3 terms

10b5-1 regulatory

"10b5-1 Sales for S TRIGG 70 Castilian Drive Santa Barbara"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

PSU/RSU financial

"Common | 05/10/2026 | PSU/RSU | Issuer"

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does APPF's Form 144 show about planned sales?

It shows a planned sale of 3,584 shares of Common Stock scheduled for 05/10/2026. The filing is a notice of proposed resale and records the broker as Morgan Stanley Smith Barney LLC.

Did APPF record recent insider sales in this filing?

Yes. The filing reports prior 10b5-1 sales of 6,963 shares on 02/17/2026. The reported proceeds from that transaction were $1,181,859.38.

Who is listed as the broker on the APPF Form 144?

The broker is listed as Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza. The broker is named in the filer information section of the notice.

Does the Form 144 confirm the sales have settled?

No. This Form 144 is a notice of proposed sale; it lists a scheduled sale date 05/10/2026 and prior 10b5-1 sales, but it does not confirm settlement status or final cash‑flow receipt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 04:25 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001837400
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	APPFOLIO, INC.
SEC File Number	001-37468
Address of Issuer	70 Castilian Drive Santa Barbara CALIFORNIA 93117
Phone	8053646093
Name of Person for Whose Account the Securities are To Be Sold	WILLIAM SHANE TRIGG
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3584	538460.16	24028908	05/15/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/10/2026	PSU/RSU	Issuer			3584	05/10/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for WILLIAM S TRIGG 70 Castilian Drive Santa Barbara CA 93117	Common	02/17/2026	6963	1181859.38

144: Remarks and Signature

Remarks
Date of Notice	05/15/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	08/14/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ William Shane Trigg
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)