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Appian Corp (APPN) CCO exercises RSUs and withholds 822 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Appian Corp Chief Customer Officer Pavel Zamudio-Ramirez exercised restricted stock units and settled related taxes in shares. On March 3, 2026, 2,259 Restricted Stock Units were converted into 2,259 shares of Class A Common Stock at a price of $0.00 per share. A separate transaction disposed of 822 shares of Class A Common Stock at $27.34 per share to cover tax obligations associated with the equity award, leaving him with 25,665 directly held Class A shares. Footnotes state the RSUs were granted on February 26, 2026 and vested immediately, with each RSU convertible into one share of Class A Common Stock.

Positive

  • None.

Negative

  • None.
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*
Zamudio-Ramirez Pavel

(Last) (First) (Middle)
7950 JONES BRANCH DRIVE

(Street)
MCLEAN VA 22102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
APPIAN CORP [ APPN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Customer Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 M 2,259 A $0(1) 26,487(2) D
Class A Common Stock 03/03/2026 F 822 D $27.34 25,665 D
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
Restricted Stock Unit (3) 03/03/2026 M 2,259 (4) (4) Class A Common Stock 2,259 $0 0 D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
2. Includes 170, 127, 150, and 221 shares acquired on 11/5/2025, 12/3/2025, 1/6/2026 and 2/4/2026, respectively, under the Appian Corporation Employee Stock Purchase Plan.
3. 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).
4. The RSUs were granted on February 26, 2026 and vested immediately.
Remarks:
/s/ Angela Patterson, Attorney-in-Fact 03/03/2026
** 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.

FAQ

What insider transactions did APPN executive Pavel Zamudio-Ramirez report?

Pavel Zamudio-Ramirez reported exercising 2,259 Restricted Stock Units into Class A Common Stock and disposing of 822 shares for tax withholding. These actions reflect routine equity compensation activity rather than open-market buying or selling of Appian Corp (APPN) shares.

How many APPIAN CORP (APPN) shares does Pavel Zamudio-Ramirez now hold?

After the reported transactions, Pavel Zamudio-Ramirez directly holds 25,665 shares of Appian Corp Class A Common Stock. This reflects RSU conversion into shares and a share disposition to satisfy tax obligations tied to his equity compensation on March 3, 2026.

Were the APPN share disposals by Pavel Zamudio-Ramirez open-market sales?

No, the 822-share disposition was coded “F,” indicating shares were withheld to pay exercise price or tax liabilities. This represents a tax-withholding disposition, not a discretionary open-market sale of Appian Corp (APPN) stock by the executive.

What were the terms of the Restricted Stock Units exercised at APPIAN CORP?

Each Restricted Stock Unit converted into one share of Appian’s Class A Common Stock at a price of $0.00 per share. Footnotes state the RSUs were granted on February 26, 2026 and vested immediately, creating an immediate right to receive the underlying shares.

How were the tax obligations handled for Pavel Zamudio-Ramirez’s APPN RSUs?

Tax obligations were satisfied through a share disposition coded “F,” meaning 822 shares of Class A Common Stock were delivered at $27.34 per share. This method uses shares instead of cash to cover tax liabilities on the vested restricted stock units.

Does this Form 4 indicate net buying or selling of APPN shares by the executive?

Overall activity shows RSU conversion and tax withholding, with no open-market buy or sell. The Form 4 summary records two acquire-type transactions from RSU exercise and one dispose-type tax-withholding transaction, resulting in continued direct ownership of 25,665 shares.
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MCLEAN