AppFolio holder Maurice Duca reports indirect stakes
Maurice J. Duca, a more than 10% owner of AppFolio Inc., reports indirect ownership of Class A Common Stock as of 2026-07-28.
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Form Type
4
Rhea-AI Filing Summary
Maurice J. Duca, a more than 10% owner of AppFolio Inc., reports indirect ownership of Class A Common Stock as of 2026-07-28. Holdings include 142,857 shares through IGSB Gaucho Fund I, LLC, 9,805 shares through IGSB Cardinal Core BV, LLC, and 7,022 shares in a charitable remainder trust. He has voting and/or dispositive power over these shares but disclaims beneficial ownership, with no pecuniary interest in the trust-held shares.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
DUCA MAURICE J
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class A Common Stock F1 | -- | -- | -- |
| Holding | Class A Common Stock F2 | -- | -- | -- |
| Holding | Class A Common Stock F3 | -- | -- | -- |
Holdings:
Class A Common Stock — 142,857 shares (Indirect, By IGSB Gaucho Fund I, LLC);
Class A Common Stock — 9,805 shares (Indirect, By IGSB Cardinal Core BV, LLC);
Class A Common Stock — 7,022 shares (Indirect, By Charitable Remainder Trust)
Footnotes (3)
- F1. These shares of Class A Common Stock ("Class A Shares") are owned by IGSB Gaucho Fund I, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares. However, the Reporting Person disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
- F2. These Class A Shares are owned by IGSB Cardinal Core BV, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares, but he disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
- F3. These Class A Shares are held by a trust of which the Reporting Person is a co-trustee and, in that capacity, he may be deemed to share voting and dispositive power over these Class A Shares with the other trustee. However, the Reporting Person does not have a pecuniary interest in, and he disclaims beneficial ownership of, these Class A Shares.
Key Figures
Indirect holdings via IGSB Gaucho Fund I, LLC: 142857.0000 Class A shares
Indirect holdings via IGSB Cardinal Core BV, LLC: 9805.0000 Class A shares
Indirect holdings via charitable remainder trust: 7022.0000 Class A shares
+1 more
4 metrics
Indirect holdings via IGSB Gaucho Fund I, LLC
142857.0000 Class A shares
Total shares following transaction as of 2026-07-28
Indirect holdings via IGSB Cardinal Core BV, LLC
9805.0000 Class A shares
Total shares following transaction as of 2026-07-28
Indirect holdings via charitable remainder trust
7022.0000 Class A shares
Total shares following transaction as of 2026-07-28
Holding entries reported
3 holdings
Number of non-derivative holding lines reported
Key Terms
Class A Common Stock, disclaims beneficial ownership, pecuniary interest, charitable remainder trust, +1 more
5 terms
Class A Common Stock financial
"These shares of Class A Common Stock ("Class A Shares") are owned by IGSB Gaucho"
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.
disclaims beneficial ownership financial
"However, the Reporting Person disclaims beneficial ownership in these Class A Shares"
pecuniary interest financial
"except to the extent of any pecuniary interest he may have therein"
charitable remainder trust financial
"These Class A Shares are held by a trust of which the Reporting Person is a co-trustee"
voting and dispositive power financial
"possesses sole voting and dispositive power over these Class A Shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Maurice J. Duca report in this Form 4 for APPF?
The filing shows indirect ownership of AppFolio Class A Common Stock as of 2026-07-28: 142,857 shares via IGSB Gaucho Fund I, 9,805 via IGSB Cardinal Core BV, and 7,022 in a charitable remainder trust.
What indirect AppFolio holdings are reported for IGSB Cardinal Core BV, LLC (APPF)?
IGSB Cardinal Core BV, LLC is reported as holding 9,805 AppFolio Class A shares. Duca is managing member with sole voting and dispositive power but disclaims beneficial ownership except to the extent of any pecuniary interest.
Are these APPF entries reported as trades or as holdings?
The entries are classified as holdings of Class A Common Stock, with share counts listed as of 2026-07-28, rather than as new purchase or sale transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
