AppFolio (NASDAQ: APPF) officer has shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APPFOLIO INC Principal Accounting Officer Don Rigler reported routine tax-withholding transactions related to vested equity awards. On May 10, 2026, the company withheld a total of 292 shares of Class A Common Stock at $166.59 per share to cover minimum tax obligations triggered by the vesting of previously granted restricted stock units under AppFolio’s 2025 Omnibus Plan. These are not open-market sales but shares withheld by the issuer in connection with compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rigler Don
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 45 | $166.59 | $7K |
| Tax Withholding | Class A Common Stock | 247 | $166.59 | $41K |
Holdings After Transaction:
Class A Common Stock — 4,679 shares (Direct, null)
Footnotes (1)
- Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on May 10, 2026 of the time-based restricted stock units ("RSUs") previously granted to the Reporting Person on February 20, 2026 pursuant to the Issuer's 2025 Omnibus Plan. Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on May 10, 2026 of the RSUs previously granted to the Reporting Person on April 2, 2025 pursuant to the Issuer's 2025 Omnibus Plan.
Key Figures
Tax-withheld shares batch 1: 247 shares
Tax-withheld shares batch 2: 45 shares
Total tax-withheld shares: 292 shares
+3 more
6 metrics
Tax-withheld shares batch 1
247 shares
Class A Common Stock withheld on May 10, 2026
Tax-withheld shares batch 2
45 shares
Additional Class A shares withheld on May 10, 2026
Total tax-withheld shares
292 shares
Tax withholding related to vested RSUs on May 10, 2026
Withholding price per share
$166.59 per share
Value used for both tax-withholding transactions
Shares held after first entry
4,432 shares
Direct Class A holdings following the 247-share withholding
Shares held after second entry
4,679 shares
Direct Class A holdings following the 45-share withholding
Key Terms
restricted stock units ("RSUs"), 2025 Omnibus Plan, Principal Accounting Officer, tax withholding obligations
4 terms
restricted stock units ("RSUs") financial
"arising in connection with the vesting on May 10, 2026 of the time-based restricted stock units ("RSUs") previously granted"
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 Plan financial
"RSUs previously granted to the Reporting Person on February 20, 2026 pursuant to the Issuer's 2025 Omnibus Plan"
Principal Accounting Officer financial
"Rigler Don serves as Principal Accounting Officer of APPFOLIO INC"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
tax withholding obligations financial
"Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person"
FAQ
What insider transaction did APPF (AppFolio Inc) report for Don Rigler?
AppFolio reported that Principal Accounting Officer Don Rigler had 292 Class A shares withheld on May 10, 2026 to cover minimum tax obligations from vested RSUs, a routine compensation-related tax-withholding event rather than an open-market stock sale.
Was the APPF insider transaction a stock sale by Don Rigler?
No, the Form 4 shows tax-withholding dispositions, not an open-market sale. AppFolio withheld 292 Class A shares at $166.59 per share to satisfy Rigler’s minimum tax obligations when his restricted stock units vested on May 10, 2026.
Which equity awards triggered the APPF tax-withholding for Don Rigler?
The withheld shares relate to RSUs that vested on May 10, 2026. These restricted stock units were previously granted to Don Rigler on February 20, 2026 and April 2, 2025 under AppFolio’s 2025 Omnibus Plan, according to the Form 4 footnotes.