STOCK TITAN

AppFolio Inc (APPF) general counsel sells 661 shares in plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

AppFolio Inc General Counsel Evan Pickering sold 661 shares of Class A Common Stock at $200.49 per share on August 5, 2026, in an open-market or private transaction. The sale was made under a trading plan adopted on or around March 13, 2026, and he now directly holds 5,894 shares.

Positive

  • None.

Negative

  • None.
Insider Pickering Evan
Role General Counsel
Sold 661 shs ($133K)
Type Security Shares Price Value
Sale Class A Common Stock F1 661 $200.49 $133K
Holdings After Transaction: Class A Common Stock — 5,894 shares (Direct)
Footnotes (1)
  1. F1. These shares were sold pursuant to a plan adopted by the Reporting Person on or around March 13, 2026.
Shares sold 661 shares Class A Common Stock sold on August 5, 2026
Sale price per share $200.49 Average price for the 661 shares sold
Shares held after transaction 5,894 shares Direct holdings following the August 5, 2026 sale
Net shares sold in filing 661 shares Net selling activity across reported transactions
Trading plan adoption date on or around March 13, 2026 Date the reporting person adopted the trading plan
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
trading plan financial
"These shares were sold pursuant to a plan adopted by the Reporting Person"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.

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

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FAQ

Who is the insider trading AppFolio (APPF) stock in this Form 4?

The insider is Evan Pickering, AppFolio’s General Counsel. He reported selling 661 shares of Class A Common Stock on August 5, 2026, under a pre-arranged trading plan adopted on or around March 13, 2026.

How many AppFolio (APPF) shares did Evan Pickering sell and at what price?

Evan Pickering sold 661 shares of AppFolio Class A Common Stock at an average price of $200.49 per share. The transaction was reported as a sale in an open-market or private transaction on August 5, 2026.

How many AppFolio (APPF) shares does Evan Pickering hold after the sale?

After the reported transaction, Evan Pickering directly holds 5,894 shares of AppFolio Class A Common Stock. This post-transaction holding reflects his remaining direct ownership following the August 5, 2026 sale of 661 shares.

Was Evan Pickering’s AppFolio (APPF) stock sale under a trading plan?

Yes. The filing notes the shares were sold pursuant to a trading plan adopted by Evan Pickering on or around March 13, 2026. The document’s Rule 10b5-1 checkbox is marked, indicating the transaction was executed under such a plan.

What type of security did Evan Pickering trade in AppFolio (APPF)?

The transaction involved Class A Common Stock of AppFolio Inc. Evan Pickering sold 661 shares of this non-derivative security in an open-market or private transaction at an average price of $200.49 per share.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pickering Evan

(Last)(First)(Middle)
70 CASTILIAN DRIVE

(Street)
SANTA BARBARA CALIFORNIA 93117

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
APPFOLIO INC [ APPF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/05/2026S(1)661D$200.495,894D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were sold pursuant to a plan adopted by the Reporting Person on or around March 13, 2026.
Remarks:
/s/ Heather Peterson, as Attorney-in-Fact, for Evan Pickering08/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)