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Director equity awards at APPFOLIO INC (NASDAQ: APPF) add new RSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

APPFOLIO INC reported acquisition or exercise transactions in this Form 4 filing.

APPFOLIO INC reported routine equity compensation transactions involving its Class A Common Stock. The company received two grants classified as awards, not open-market purchases, with no cash price per share.

One grant covers 1,568 shares tied to a pro-rated annual director award of time-based restricted stock units under the 2025 Omnibus Incentive Plan, based on service from June 29, 2026. A separate new director grant covers 649 shares of time-based restricted stock units under the same plan. Both RSU awards vest 100% on the first anniversary of the grant date. Following these awards, reported direct holdings associated with the grants are 2,217 shares and 649 shares, respectively.

Positive

  • None.

Negative

  • None.
Insider APPFOLIO INC
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 649 $0.00 --
Grant/Award Class A Common Stock 1,568 $0.00 --
Holdings After Transaction: Class A Common Stock — 649 shares (Direct, null)
Footnotes (1)
  1. Represents a pro-rated annual director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan, with such annual grant prorated based on service from June 29, 2026. The RSUs vest 100% on the first anniversary of the date of grant. Represents a new director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan. The RSUs vest 100% on the first anniversary of the date of grant.
Pro-rated RSU award 1,568 shares Pro-rated annual director grant under 2025 Omnibus Incentive Plan
New director RSU award 649 shares New director grant under 2025 Omnibus Incentive Plan
Transaction price $0.00 per share Award grants, no cash consideration
Holdings after first grant 2,217 shares Direct holdings following 1,568-share award
Holdings after second grant 649 shares Direct holdings following 649-share award
Vesting period 1 year Each RSU grant vests 100% on first anniversary
restricted stock units financial
"Represents a pro-rated annual director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based financial
"Represents a pro-rated annual director grant of time-based restricted stock units ("RSUs")"
2025 Omnibus Incentive Plan financial
"time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
annual director grant financial
"Represents a pro-rated annual director grant of time-based restricted stock units ("RSUs")"
new director grant financial
"Represents a new director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan"
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Form 4 Insider Transactions: What Each Field Means →
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).
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*
APPFOLIO INC
(Last)(First)(Middle)
70 CASTILIAN DR
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026		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 Stock06/29/2026A649(1)A$0649D
Class A Common Stock06/29/2026A1,568(2)A$02,217D
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. Represents a pro-rated annual director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan, with such annual grant prorated based on service from June 29, 2026. The RSUs vest 100% on the first anniversary of the date of grant.
2. Represents a new director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan. The RSUs vest 100% on the first anniversary of the date of grant.
Remarks:
This grant statement has been made for Diya Jolly using the Issuer's CIK codes. An amendment will be filed for Ms. Jolly upon receipt of her CIK filer codes from the SEC.
/s/ Evan Pickering, as Attorney-in-Fact for Diya Jolly07/01/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider equity awards did APPF (APPFOLIO INC) report in this Form 4?

APPFOLIO INC reported two equity awards classified as acquisitions, not open-market buys. The filing shows grants of 1,568 and 649 shares of Class A Common Stock, each tied to time-based restricted stock units under the 2025 Omnibus Incentive Plan.

How many APPFOLIO INC shares were granted in each RSU award on June 29, 2026?

The filing shows two separate awards. One grant covers 1,568 shares as a pro-rated annual director restricted stock unit award. The second grant covers 649 shares as a new director restricted stock unit award, both tied to APPFOLIO INC Class A Common Stock.

What is the vesting schedule for the APPFOLIO INC director RSU grants?

Both APPFOLIO INC director RSU awards vest on a time-based schedule. Each grant vests 100% on the first anniversary of the grant date, meaning no shares vest before that one-year mark under the terms described in the filing footnotes.

Were these APPFOLIO INC Form 4 transactions open-market stock purchases?

No, these transactions are not open-market purchases. They are coded as “A” awards, representing grants of restricted stock units with a zero transaction price per share, provided as director equity compensation under APPFOLIO INC’s 2025 Omnibus Incentive Plan.

What are APPFOLIO INC’s reported share holdings after these RSU grants?

After the pro-rated annual director RSU award, reported holdings tied to that line are 2,217 shares. After the new director RSU award, reported holdings for that grant line are 649 shares, showing the positions following each respective equity compensation transaction.