APPN Form 4: Director Kilberg Receives 1,022 Shares Under 2017 Plan
Rhea-AI Filing Summary
Bobbie G. Kilberg, a Director of Appian Corp (APPN), received a grant of 1,022 shares of Class A Common Stock on 10/01/2025 under the company’s 2017 Equity Incentive Plan pursuant to the Non-Employee Director Compensation Policy approved on 12/18/2020. The reported transaction shows a $0 price per share, reflecting a compensatory grant rather than an open-market purchase. After the grant, Ms. Kilberg is reported to beneficially own 2,068 shares directly. The filing also discloses 13,481 shares held indirectly across several trusts, bringing disclosed combined beneficial holdings to 15,549 shares. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
Positive
- None.
Negative
- None.
Insights
Director received a compensatory equity grant of 1,022 Class A shares on 10/01/2025.
The grant was issued under the issuer's 2017 Equity Incentive Plan and the company's Non-Employee Director Compensation Policy, indicating routine director compensation rather than a market purchase. The reported $0 price per share reflects a stock grant, not a cash acquisition.
This is a standard disclosure of non-employee director compensation and confirms the director's direct ownership of 2,068 shares after the grant.
Indirect holdings of 13,481 shares are disclosed across family trusts, totaling 15,549 disclosed shares.
The filing clarifies beneficial ownership structure: 1,246 shares in the Barbara Greene Kilberg Living Trust, 1,246 in the Kilberg Family Trust, and 10,989 in the William & Barbara Kilberg trusts. These trust holdings explain the reported indirect ownership and control relationships.
Investors can reference the 10/01/2025 grant date as the concrete event disclosed in this Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,022 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- These shares were granted under the Issuer's 2017 Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy, as amended and approved by the Board of Directors on December 18, 2020. 1,246 shares are held by the Barbara Greene Kilberg Living Trust U/A dated July 1, 1998, of which William and Barbara Kilberg are the co-trustees; 1,246 shares held by the Kilberg Family Trust U/A dated October 13, 2021, of which Barbara Kilberg is the trustee; and 10,989 shares held by William & Barbara Kilberg Trustees of the William Kilberg Trust dated July 1, 1998 and Barbara & William Kilberg Trustees of the Barbara Kilberg Trust dated July 1, 1998, Tenants in Common ("WB Trust").