AppFolio (APPF) Form 4: Director disposes 300 shares at $0

AppFolio (APPF) reported an insider transaction by director Janet Kerr on a Form 4.

Rhea-AI Filing Summary

AppFolio (APPF) reported an insider transaction by director Janet Kerr on a Form 4. On 11/07/2025, 300 shares of Class A Common Stock were disposed at $0 under Transaction Code G. Following the transaction, 11,150 shares were reported as beneficially owned indirectly by the Janet Kerr Living Trust dated 7/16/2014.

Insider Trade Summary

300 shares gifted

Gift 1 txn

Insider KERR JANET

Role Director

Type	Security	Shares	Price	Value
Gift	Class A Common Stock	300	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 11,150 shares (Indirect, By Trust)

Footnotes (1)

1. F1. The shares of Class A Common Stock reported on the table above are held by the Janet Kerr Living Trust dated 7/16/2014, of which the Reporting Person is the Trustee.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did APPF file?

A Form 4 reporting an insider transaction by director Janet Kerr.

Who is the reporting person in APPF's Form 4?

Director Janet Kerr, filing as one reporting person.

What was the transaction date for APPF's Form 4?

The transaction date was 11/07/2025.

How many APPF shares were involved and at what price?

300 shares of Class A Common Stock were disposed at $0 with Transaction Code G.

How many shares did the reporting person own after the transaction?

Beneficial ownership reported as 11,150 shares, held indirectly.

What is the nature of ownership reported?

Shares are held indirectly by the Janet Kerr Living Trust dated 7/16/2014.

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

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Accepted by SEC EDGAR 11/10/2025 - 05:52 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^*

KERR JANET

(Last) (First) (Middle)

70 CASTILIAN DRIVE

(Street)

SANTA BARBARA CA 93117

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/07/2025		G		300	D	$0	11,150	I	By Trust(1)

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. The shares of Class A Common Stock reported on the table above are held by the Janet Kerr Living Trust dated 7/16/2014, of which the Reporting Person is the Trustee.

Remarks:

	/s/ Evan Pickering, as Attorney-in-Fact, for Janet Kerr	11/10/2025
	** 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.