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Appian (NASDAQ: APPN) CFO nets shares after Performance Stock Award tax withholding

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

Rhea-AI Filing Summary

Appian Corp Chief Financial Officer Srdjan Tanjga reported equity award activity in company stock. On March 5, 2026, he exercised a Performance Stock Award, converting 16,277 PSAs into 16,277 shares of Class A Common Stock at a stated price of $0.0000 per share, consistent with an equity award conversion rather than an open-market purchase.

Also on March 5, 2026, 7,048 Class A shares were disposed of at $26.99 per share in a transaction coded "F," indicating shares were withheld to cover exercise price or tax liabilities, not sold on the market. After these transactions, he directly held 9,229 shares of Class A Common Stock. Footnotes state each PSA converts one-for-one into Class A shares and that PSAs granted on February 17, 2026 vest in four equal annual installments starting on March 5, 2026, subject to continued service.

Positive

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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*
Tanjga Srdjan

(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 Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 M 16,277 A (1) 16,277 D
Class A Common Stock 03/05/2026 F 7,048 D $26.99 9,229 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
Performance Stock Award (2) 03/05/2026 M 16,277 (3) (3) Class A Common Stock 16,277 $0 48,831 D
Explanation of Responses:
1. Each Performance Stock Award ("PSA") converts into Class A Common Stock on a one-for-one basis.
2. Each PSA 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).
3. The PSAs were granted on February 17, 2026, and vest in four equal annual installments commencing on March 5, 2026, provided that the Reporting Person has provided continuous service to the Issuer through each vesting date.
Remarks:
/s/ Angela Patterson, Attorney-in-Fact 03/09/2026
** 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 CFO Srdjan Tanjga report on this Form 4?

Appian CFO Srdjan Tanjga reported exercising a Performance Stock Award into 16,277 Class A shares, then a related tax-withholding disposition of 7,048 Class A shares at $26.99. Following these transactions, he directly held 9,229 shares of Appian Class A Common Stock.

How many APPIAN (APPN) shares did the CFO acquire through equity award conversion?

The CFO acquired 16,277 shares of Appian Class A Common Stock via exercise of a Performance Stock Award coded “M.” Footnotes explain each PSA converts into one Class A share on a one-for-one basis, reflecting an equity award conversion rather than an open-market purchase.

What is the nature of the 7,048-share APPN disposition reported by the CFO?

The 7,048-share disposition in Appian Class A stock is coded “F,” indicating shares were delivered to satisfy exercise price or tax liabilities. The transaction price was $26.99 per share, and it represents tax-withholding activity, not a discretionary open-market sale.

How many APPIAN (APPN) shares does the CFO own after these Form 4 transactions?

After completing the award exercise and related tax-withholding disposition, the CFO directly owns 9,229 shares of Appian Class A Common Stock. This figure comes from the post-transaction ownership total associated with the F-coded non-derivative transaction reported on March 5, 2026.

How do the Performance Stock Awards for APPIAN’s CFO vest over time?

The Performance Stock Awards were granted on February 17, 2026, and vest in four equal annual installments starting March 5, 2026. Vesting is conditioned on the CFO providing continuous service to Appian through each vesting date, according to the footnote disclosure.

What is the conversion ratio between APPIAN PSAs and Class A Common Stock?

Each Performance Stock Award converts into one share of Appian Class A Common Stock on a one-for-one basis. A related footnote adds that each PSA represents a contingent right to receive one Class A share, or its cash equivalent at Appian’s discretion.
Appian

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