Director at AppFolio (APPF) granted 1,255 time-based RSUs

Rhea-AI Filing Summary

Webb Winifred Markus reported acquisition or exercise transactions in this Form 4 filing.

AppFolio Inc director Winifred Markus Webb received an equity grant of 1,255 shares of Class A Common Stock as restricted stock units. These RSUs were awarded under the 2025 Omnibus Incentive Plan and will vest 100% on the first anniversary of the grant date.

After this grant, Webb directly holds 9,225 shares of AppFolio Class A Common Stock, reflecting a routine, compensation-related award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Webb Winifred Markus

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,255	$0.00	--

Holdings After Transaction: Class A Common Stock — 9,225 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 1,255 shares Price per share: $0.0000 per share Shares held after grant: 9,225 shares +2 more

5 metrics

RSUs granted 1,255 shares Time-based restricted stock units under 2025 Omnibus Incentive Plan

Price per share $0.0000 per share Equity award granted at no cash cost to director

Shares held after grant 9,225 shares Total direct holdings of Class A Common Stock after transaction

Vesting schedule 100% after one year RSUs vest in full on first anniversary of grant date

Transaction date June 29, 2026 Date of RSU grant reported on Form 4

Key Terms

restricted stock units ("RSUs"), 2025 Omnibus Incentive Plan, time-based restricted stock units, Class A Common Stock

4 terms

restricted stock units ("RSUs") financial

"Represents an annual director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

2025 Omnibus Incentive Plan financial

"Represents an annual director grant of 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.

time-based restricted stock units financial

"Represents an annual director grant of time-based restricted stock units ("RSUs") under the 2025 Omnibus Incentive Plan."

Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 06:11 PM Accepted by SEC EDGAR 07/01/2026 - 06:10 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Webb Winifred Markus

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/29/2026		A		1,255(1)	A	$0	9,225	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an annual 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:

	/s/ Evan Pickering as Attorney-in-Fact for Winifred Webb	07/01/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did AppFolio (APPF) director Winifred Markus Webb receive in this Form 4 filing?

Webb received a grant of 1,255 restricted stock units (RSUs) of AppFolio Class A Common Stock. The award is part of her director compensation and was issued at no cash cost to her under the 2025 Omnibus Incentive Plan.

How do the 1,255 RSUs granted to AppFolio (APPF) director vest?

The 1,255 RSUs vest 100% on the first anniversary of the grant date. This means Webb must remain eligible through that one-year period to receive all the underlying shares of Class A Common Stock.

How many AppFolio (APPF) shares does director Winifred Markus Webb hold after this grant?

Following the RSU grant, Webb directly holds 9,225 shares of AppFolio Class A Common Stock. This total includes the newly awarded 1,255 RSUs reported in the Form 4 filing as part of her director compensation.

Is the AppFolio (APPF) Form 4 transaction an open-market purchase or a compensation grant?

The Form 4 reports a compensation-related grant, not an open-market purchase. The transaction code is “A,” meaning a grant or award, with a price of $0.0000 per share, consistent with equity compensation for board service.

Under which plan were the AppFolio (APPF) RSUs granted to the director?

The 1,255 RSUs were granted under AppFolio’s 2025 Omnibus Incentive Plan. This plan authorizes equity-based awards, such as time-based restricted stock units, to directors and other eligible participants as part of their compensation.