Appian (APPN) chief customer officer receives RSUs and settles tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Appian Corporation’s Chief Customer Officer Pavel Zamudio-Ramirez reported routine equity compensation activity. On May 5, 2026, he received a grant of 15,848 Restricted Stock Units (RSUs), each representing a contingent right to one share of Class A Common Stock, vesting in four equal annual installments starting May 5, 2026.
On May 5–6, previously granted RSUs vested and converted into Class A shares, including 7,337 and 2,935 underlying shares from earlier awards. On May 6, 2026, 3,314 shares were withheld at $22.72 per share to cover tax obligations. Following these transactions, he holds 36,376 Class A Common Stock shares directly, with 8,805 RSUs remaining outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,272 shares exercised/converted
Mixed
5 txns
Insider
Zamudio-Ramirez Pavel
Role
Chief Customer Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock | 10,272 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,314 | $22.72 | $75K |
| Exercise | Restricted Stock Unit | 2,935 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 7,337 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 15,848 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 36,376 shares (Direct, null);
Restricted Stock Unit — 8,805 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis. Includes 221 and 218 shares acquired on 3/4/2026 and 4/2/2026, respectively, under the Appian Corporation Employee Stock Purchase Plan. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock (or its cash equivalent, at the discretion of the Issuer). The RSUs were granted on May 6, 2025, and vest in four equal annual installments commencing on May 5, 2025, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date. The RSUs were granted on May 6, 2025, and vested on May 5, 2026. The RSUs were granted on May 5, 2026, and vest in four equal annual installments commencing on May 5, 2026, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
Key Figures
Tax-withheld shares: 3,314 shares at $22.72
RSU grant: 15,848 RSUs
Shares from derivative exercise: 10,272 shares
+3 more
6 metrics
Tax-withheld shares
3,314 shares at $22.72
Class A Common Stock withheld for taxes on May 6, 2026
RSU grant
15,848 RSUs
Granted May 5, 2026, vesting in four equal annual installments
Shares from derivative exercise
10,272 shares
Class A Common Stock acquired via derivative exercise on May 6, 2026
Post-transaction holdings
36,376 shares
Class A Common Stock directly owned after reported transactions
Remaining RSUs
8,805 RSUs
Restricted Stock Units outstanding after RSU conversions
ESPP purchases
221 and 218 shares
Shares acquired on Mar 4 and Apr 2, 2026 under ESPP
Key Terms
Restricted Stock Unit, Appian Corporation Employee Stock Purchase Plan, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Appian Corporation Employee Stock Purchase Plan financial
"Includes 221 and 218 shares acquired ... under the Appian Corporation Employee Stock Purchase Plan."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock"
FAQ
What did APPN’s Pavel Zamudio-Ramirez report in this Form 4?
He reported routine equity compensation events, including new RSU grants, vesting of prior RSUs into Class A shares, and shares withheld for taxes. These transactions adjust his holdings but do not represent open-market buying or selling activity.
How many RSUs did APPN grant to the Chief Customer Officer?
He received 15,848 Restricted Stock Units, each convertible into one share of Appian Class A Common Stock. The grant vests in four equal annual installments beginning May 5, 2026, contingent on his continued service with the company through each vesting date.
What RSU vesting schedules are described for APPN equity awards?
One RSU grant made May 6, 2025, vests in four equal annual installments beginning May 5, 2025. Another grant made May 5, 2026, vests in four equal annual installments starting May 5, 2026, assuming continuous service on each vesting date.
Did the APPN officer make any open-market purchases or sales?
The transactions reflect RSU grants, RSU conversions into Class A shares, and shares withheld to cover taxes. The data does not show any open-market purchases or open-market sales; instead, they are compensation-related and administrative equity settlement events.