Appian (NASDAQ: APPN) OKs $10M stock buyback through 2027 plan

Rhea-AI Filing Summary

Appian Corporation disclosed that its Board of Directors has authorized a share repurchase program to buy back up to $10.0 million of its common stock. The authorization is effective immediately and runs through August 28, 2027, allowing the company to decide if and when to repurchase shares within this limit.

Appian may conduct buybacks through privately negotiated deals, open market purchases, Rule 10b5-1 trading plans, accelerated share repurchases, or other methods. The timing and size of any repurchases will depend on its liquidity, overall business and market conditions, debt covenant restrictions, and the attractiveness of other investment opportunities.

Insights

Equity Capital Allocation Analyst

Appian gains flexibility to repurchase up to $10.0M of stock through 2027.

Appian has authorized a common stock repurchase program of up to $10.0 million, effective immediately through August 28, 2027. This gives the company a multi-year window to buy back shares but does not require it to purchase any specific amount.

The program permits multiple execution methods, including open market purchases, privately negotiated transactions, Rule 10b5-1 plans, and accelerated share repurchases. Actual activity will depend on liquidity, business and market conditions, debt covenants, and alternative investment opportunities, so the economic effect will be driven by future management decisions.

Because the authorization is capped at $10.0 million and framed as discretionary, its impact on share count, earnings per share, and capital structure will become clear only if and when the company reports repurchase activity in subsequent disclosures.

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 UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 29, 2025

Appian Corporation

(Exact name of Registrant as Specified in Its Charter)

Delaware						001-38098			54-1956084
(State or Other Jurisdiction of Incorporation)						(Commission File Number)			(I.R.S. Employer  Identification No.)
7950 Jones Branch Drive McLean, VA									22102
(Address of Principal Executive Offices)									(Zip Code)

Registrant’s Telephone Number, Including Area Code: (703) 442-8844

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class			Trading symbol			Name of each exchange on which registered
Class A Common Stock			APPN			The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o 

Item 8.01. Other Events.

The Board of Directors of Appian Corporation (“Appian”) has authorized a program to repurchase up to $10.0 million of Appian's common stock (the “Share Repurchase Program”), effective immediately through August 28, 2027. The Share Repurchase Program does not obligate Appian to acquire any specific number of shares, and shares of common stock may be repurchased using a variety of methods, including privately negotiated and/or open market transactions, under plans complying with Rule 10b5-1 of the Exchange Act, as part of accelerated share repurchases, or other methods. The timing and amount of any purchases of common stock will be based on Appian’s liquidity, general business and market conditions, debt covenant restrictions and other factors, including alternative investment opportunities.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

						Appian Corporation
Date: August 29, 2025						By:			/s/ Srdjan Tanjga
									Srdjan Tanjga
									Chief Financial Officer

FAQ

What did Appian (APPN) announce in this 8-K filing?

Appian’s Board authorized a Share Repurchase Program allowing the company to buy back up to $10.0 million of its common stock.

How large is Appian’s new share repurchase authorization?

The program permits repurchases of up to $10.0 million of Appian’s common stock over the authorized period.

How long will Appian’s $10.0 million share repurchase program run?

The authorization is effective immediately and continues through August 28, 2027, giving Appian a multi-year window for possible buybacks.

Is Appian required to repurchase a specific number of shares under this program?

No. The filing states the Share Repurchase Program does not obligate Appian to acquire any specific number of shares.

What methods can Appian use to repurchase its common stock?

Appian may repurchase shares via privately negotiated transactions, open market purchases, Rule 10b5-1 plans, accelerated share repurchases, or other methods.

What factors will influence the timing and amount of Appian’s share repurchases?

The timing and amount will depend on liquidity, general business and market conditions, debt covenant restrictions, and alternative investment opportunities.