Appian (NASDAQ: APPN) director gains stock via RSUs and tax move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APPIAN CORP director and officer Robert Charles Kramer reported equity award activity in company stock. He exercised or converted 3,770 Restricted Stock Units into an equal number of Class A Common shares at a stated price of $0.0000 per share. To cover tax obligations, 1,215 Class A shares were disposed of at $27.34 per share through a share-withholding transaction, not an open‑market sale. After these transactions, he held 313,937 Class A shares directly. Indirect holdings included 9,120 shares owned by The Robert C. Kramer Trust, where he is sole trustee and beneficiary, and 150,000 shares owned by an irrevocable 2023 family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,770 shares exercised/converted
Mixed
5 txns
Insider
Kramer Robert Charles
Role
General Manager
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,770 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,770 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,215 | $27.34 | $33K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 315,152 shares (Direct);
Class A Common Stock — 9,120 shares (Indirect, See Footnote)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis. The reported securities are owned directly by The Robert C. Kramer Trust (the "Trust"). The Reporting Person is the sole trustee and beneficiary of the Trust. The reported securities are owned by an irrevocable family trust (the "2023 Trust"), of which immediate family members are the trustee and beneficiary. 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 February 26, 2026, and vested immediately.
FAQ
What insider transactions did APPN director Robert Charles Kramer report?
Robert Charles Kramer reported exercising 3,770 Restricted Stock Units into Class A Common Stock and a related tax-withholding disposition of 1,215 shares at $27.34 per share. These actions reflect equity award settlement rather than an open-market stock purchase or sale.
What trusts are involved in Robert Kramer’s APPN indirect ownership?
Indirect APPN holdings include shares owned by The Robert C. Kramer Trust, where he is sole trustee and beneficiary, and shares owned by an irrevocable 2023 family trust. Immediate family members serve as trustee and beneficiary of the 2023 trust, reflecting family-related indirect ownership.