Appian (APPN) awards CRO Mark Dorsey 18,132 RSUs with 4-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorsey Mark reported acquisition or exercise transactions in this Form 4 filing.
APPIAN CORP Chief Revenue Officer Mark Dorsey received a grant of 18,132 restricted stock units (RSUs). The RSUs were awarded on August 20, 2025 and each unit represents a contingent right to receive one share of Appian’s Class A Common Stock or its cash equivalent.
The 18,132 RSUs vest in four equal annual installments beginning on August 5, 2026, as long as Dorsey continues providing service to the company through each vesting date. After this grant, his reported RSU holdings from this award total 18,132 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dorsey Mark
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 18,132 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 18,132 shares (Direct)
Footnotes (1)
- 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 August 20, 2025, and vest in four (4) equal annual installments commencing on August 5, 2026, provided that the Reporting Person has provided continuous service to the Issuer through each vesting date.
Key Figures
RSUs granted: 18,132 units
Vesting schedule: 4 equal annual installments
Underlying shares: 18,132 shares
+1 more
4 metrics
RSUs granted
18,132 units
Restricted Stock Unit award to Chief Revenue Officer on August 20, 2025
Vesting schedule
4 equal annual installments
RSUs vest annually starting August 5, 2026, subject to continued service
Underlying shares
18,132 shares
Each RSU corresponds to one share of Class A Common Stock or cash equivalent
Post-grant holdings from award
18,132 RSUs
Total RSUs reported following this grant for this award
Key Terms
Restricted Stock Unit, Class A Common Stock, contingent right, vesting
4 terms
Restricted Stock Unit financial
"The security reported is a Restricted Stock Unit, each representing a contingent right"
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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock"
vesting financial
"The RSUs vest in four equal annual installments commencing on August 5, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did APPIAN CORP (APPN) report for Mark Dorsey?
APPIAN CORP reported that Chief Revenue Officer Mark Dorsey received a grant of 18,132 restricted stock units. The award was made on August 20, 2025 and is compensation-related, not an open-market stock purchase or sale.
How many RSUs did Mark Dorsey receive from APPIAN CORP (APPN)?
Mark Dorsey was granted 18,132 restricted stock units by APPIAN CORP. Each RSU represents a contingent right to one share of Class A Common Stock, or a cash equivalent, at the company’s discretion, subject to future vesting conditions being met.
When do Mark Dorsey’s APPIAN CORP (APPN) RSUs start vesting?
The RSUs granted to Mark Dorsey begin vesting on August 5, 2026. Vesting occurs in four equal annual installments, and each installment requires that he continue providing service to APPIAN CORP through the applicable vesting date.
What does each APPIAN CORP (APPN) RSU granted to Mark Dorsey represent?
Each restricted stock unit represents a contingent right to receive one share of APPIAN CORP Class A Common Stock. Alternatively, the company may choose to settle the RSUs in a cash equivalent amount, at its discretion, once vesting conditions are satisfied.
Is Mark Dorsey’s APPIAN CORP (APPN) RSU grant an open-market trade?
No, the RSU grant is a compensation award, not an open-market trade. The Form 4 characterizes the transaction as a grant or award acquisition, meaning the shares were awarded by the company rather than bought or sold on the stock market.