STOCK TITAN

AppFolio (APPF) major holder Maurice Duca sells 15,591 shares via 10b5-1 plan

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Maurice J. Duca, a ten percent owner of AppFolio Inc., reported sales of 15,591 shares of Class A Common Stock on August 6–7, 2026. The open-market transactions, executed at prices around $189–$204 per share, were made pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026 and include both directly held shares, shares held by a family trust, and shares held by a pension trust over which he has voting and dispositive power but no pecuniary interest.

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Insider DUCA MAURICE J
Role 10% Owner
Sold 15,591 shs ($3.03M)
Type Security Shares Price Value
Sale Class A Common Stock F1, F11 431 $195.61 $84K
Sale Class A Common Stock F1, F12 552 $196.32 $108K
Sale Class A Common Stock F1, F13 650 $197.46 $128K
Sale Class A Common Stock F1, F14 784 $198.62 $156K
Sale Class A Common Stock F1, F15 493 $199.41 $98K
Sale Class A Common Stock F1, F16 130 $200.56 $26K
Sale Class A Common Stock F1, F17 229 $201.37 $46K
Sale Class A Common Stock F1, F18 165 $202.47 $33K
Sale Class A Common Stock F1, F19 66 $203.55 $13K
Sale Class A Common Stock F1, F11 196 $195.61 $38K
Sale Class A Common Stock F1, F12 253 $196.32 $50K
Sale Class A Common Stock F1, F13 298 $197.46 $59K
Sale Class A Common Stock F1, F14 359 $198.62 $71K
Sale Class A Common Stock F1, F15 225 $199.41 $45K
Sale Class A Common Stock F1, F16 60 $200.56 $12K
Sale Class A Common Stock F1, F2 120 $189.49 $23K
Sale Class A Common Stock F1, F3 339 $190.40 $65K
Sale Class A Common Stock F1, F4 229 $191.88 $44K
Sale Class A Common Stock F1, F5 1,429 $193.18 $276K
Sale Class A Common Stock F1, F6 1,383 $194.06 $268K
Sale Class A Common Stock F1, F2 54 $189.49 $10K
Sale Class A Common Stock F1, F3 155 $190.40 $30K
Sale Class A Common Stock F1, F4 105 $191.89 $20K
Sale Class A Common Stock F1, F5 655 $193.18 $127K
Sale Class A Common Stock F1, F6 631 $194.06 $122K
Sale Class A Common Stock F1, F7, F8 193 $189.49 $37K
Sale Class A Common Stock F1, F3, F8 539 $190.40 $103K
Sale Class A Common Stock F1, F4, F8 365 $191.88 $70K
Sale Class A Common Stock F1, F9, F8 2,082 $193.14 $402K
Sale Class A Common Stock F1, F10, F8 2,421 $194.02 $470K
Holdings After Transaction: Class A Common Stock — 89,932 shares (Indirect, By Pension Trust); Class A Common Stock — 52,662 shares (Direct); Class A Common Stock — 22,833 shares (Indirect, By Family Trust)
Footnotes (19)
  1. F1. Sales made pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person on March 13, 2026.
  2. F2. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $188.91 to $189.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. F3. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $190.00 to $190.865, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. F4. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $191.52 to $192.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. F5. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $192.62 to $193.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  6. F6. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $193.67 to $194.42, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  7. F7. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $188.91 to $189.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  8. F8. These shares of Class A Common Stock ("Class A Shares") are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class A Shares. However, the Reporting Person does not possess any pecuniary interest in these Class A Shares.
  9. F9. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $192.53 to $193.52, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  10. F10. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $193.54 to $194.42, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  11. F11. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $194.94 to $195.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  12. F12. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $195.96 to $196.91, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  13. F13. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $196.995 to $197.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  14. F14. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $198.00 to $198.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  15. F15. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $199.03 to $199.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  16. F16. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $200.12 to $200.81, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  17. F17. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $201.12 to $201.92, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  18. F18. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $202.20 to $202.97, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  19. F19. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $203.34 to $203.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Total shares sold 15,591 shares Aggregate of 30 sale transactions reported for August 6–7, 2026
Representative sale price low $189.49 per share One of the reported per-share sale prices on August 6, 2026
Representative sale price high $203.55 per share One of the reported per-share sale prices on August 7, 2026
Largest single block sold 2,421 shares Indirect sale by Pension Trust at $194.02 per share on August 6, 2026
10b5-1 plan adoption date March 13, 2026 Date Maurice J. Duca adopted the trading plan governing these sales
Rule 10b5-1 trading plan regulatory
"Sales made pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"This price reflects the weighted average price at which these shares were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"However, the Reporting Person does not possess any pecuniary interest in these Class A Shares"
pension trust financial
"These shares of Class A Common Stock are held by a pension trust"
Class A Common Stock financial
"These shares of Class A Common Stock ("Class A Shares") are held by a pension trust"
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.

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

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FAQ

What did Maurice J. Duca report in this Form 4 for APPF?

Maurice J. Duca reported 30 open-market sales totaling 15,591 shares of AppFolio Class A Common Stock on August 6–7, 2026 under a Rule 10b5-1 trading plan adopted March 13, 2026, at prices around $189–$204 per share.

Over what dates and price range were APPF shares sold in this filing?

The reported APPF sales occurred on August 6 and 7, 2026, with individual transactions priced around $189.49 to $203.55 per share. Several prices are described as weighted average prices for multiple trades within stated intraday ranges.

How many AppFolio (APPF) shares did Maurice J. Duca sell in total?

The filing shows that Maurice J. Duca, including related entities, sold 15,591 shares of AppFolio Class A Common Stock. This total covers 30 separate sale transactions over two trading days, combining direct holdings, family trust holdings, and certain pension trust holdings.

Were the APPF insider sales made under a Rule 10b5-1 plan?

Yes. The sales were made pursuant to a Rule 10b5-1 trading plan that Maurice J. Duca previously adopted on March 13, 2026. Such trading plans pre-establish sale parameters, reducing the significance of trade timing as an informational signal.

What role did trusts play in the APPF insider transactions?

Some APPF shares were sold by a family trust and a pension trust associated with Maurice J. Duca. For the pension trust, he is sole trustee with voting and dispositive power but has no pecuniary interest in the Class A shares held there.

Does this Form 4 disclose Maurice J. Duca’s remaining APPF holdings?

This Form 4 details shares sold but does not state a consolidated post-transaction share balance for Maurice J. Duca. Some individual transaction rows omit holdings after the trade, so remaining ownership is not fully quantified here.
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*
DUCA MAURICE J

(Last)(First)(Middle)
C/O IGSB, INC.
1485 E. VALLEY ROAD, SUITE H

(Street)
SANTA BARBARA CALIFORNIA 93108

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
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 Stock08/06/2026S(1)120D$189.49(2)59,542D
Class A Common Stock08/06/2026S(1)339D$190.4(3)59,203D
Class A Common Stock08/06/2026S(1)229D$191.88(4)58,974D
Class A Common Stock08/06/2026S(1)1,429D$193.18(5)57,545D
Class A Common Stock08/06/2026S(1)1,383D$194.06(6)56,162D
Class A Common Stock08/06/2026S(1)54D$189.49(2)25,770IBy Family Trust
Class A Common Stock08/06/2026S(1)155D$190.4(3)25,615IBy Family Trust
Class A Common Stock08/06/2026S(1)105D$191.89(4)25,510IBy Family Trust
Class A Common Stock08/06/2026S(1)655D$193.18(5)24,855IBy Family Trust
Class A Common Stock08/06/2026S(1)631D$194.06(6)24,224IBy Family Trust
Class A Common Stock08/06/2026S(1)193D$189.49(7)95,339IBy Pension Trust(8)
Class A Common Stock08/06/2026S(1)539D$190.4(3)94,800IBy Pension Trust(8)
Class A Common Stock08/06/2026S(1)365D$191.88(4)94,435IBy Pension Trust(8)
Class A Common Stock08/06/2026S(1)2,082D$193.14(9)92,353IBy Pension Trust(8)
Class A Common Stock08/06/2026S(1)2,421D$194.02(10)89,932IBy Pension Trust(8)
Class A Common Stock08/07/2026S(1)431D$195.61(11)55,731D
Class A Common Stock08/07/2026S(1)552D$196.32(12)55,179D
Class A Common Stock08/07/2026S(1)650D$197.46(13)54,529D
Class A Common Stock08/07/2026S(1)784D$198.62(14)53,745D
Class A Common Stock08/07/2026S(1)493D$199.41(15)53,252D
Class A Common Stock08/07/2026S(1)130D$200.56(16)53,122D
Class A Common Stock08/07/2026S(1)229D$201.37(17)52,893D
Class A Common Stock08/07/2026S(1)165D$202.47(18)52,728D
Class A Common Stock08/07/2026S(1)66D$203.55(19)52,662D
Class A Common Stock08/07/2026S(1)196D$195.61(11)24,028IBy Family Trust
Class A Common Stock08/07/2026S(1)253D$196.32(12)23,775IBy Family Trust
Class A Common Stock08/07/2026S(1)298D$197.46(13)23,477IBy Family Trust
Class A Common Stock08/07/2026S(1)359D$198.62(14)23,118IBy Family Trust
Class A Common Stock08/07/2026S(1)225D$199.41(15)22,893IBy Family Trust
Class A Common Stock08/07/2026S(1)60D$200.56(16)22,833IBy Family Trust
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. Sales made pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person on March 13, 2026.
2. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $188.91 to $189.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $190.00 to $190.865, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $191.52 to $192.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $192.62 to $193.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
6. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $193.67 to $194.42, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
7. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $188.91 to $189.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
8. These shares of Class A Common Stock ("Class A Shares") are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class A Shares. However, the Reporting Person does not possess any pecuniary interest in these Class A Shares.
9. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $192.53 to $193.52, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
10. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $193.54 to $194.42, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
11. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $194.94 to $195.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
12. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $195.96 to $196.91, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
13. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $196.995 to $197.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
14. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $198.00 to $198.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
15. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $199.03 to $199.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
16. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $200.12 to $200.81, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
17. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $201.12 to $201.92, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
18. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $202.20 to $202.97, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
19. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $203.34 to $203.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
Due to a 30 line-item limitation in Table I, this is the first of two Forms 4 filed by the Reporting Person on August 10, 2026.
/s/ Kimberly Shea, Attorney-in-Fact for Maurice J. Duca08/10/2026
** 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)