Appian (NASDAQ: APPN) CEO converts 64,375 RSUs, withholds 23,558 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Appian Corporation CEO Matthew W. Calkins reported equity compensation transactions involving Restricted Stock Units (RSUs) and Class A Common Stock. On March 3, 2026, he exercised or converted 64,375 RSUs into 64,375 shares of Class A Common Stock at $0.00 per share, reflecting a derivative exercise/conversion.
In a related tax-withholding disposition, 23,558 shares of Class A Common Stock were delivered at a price of $27.34 per share to satisfy tax obligations associated with the RSU event. After these transactions, Calkins held 1,819,144 shares of Class A Common Stock directly. Each RSU converts into one share of Class A Common Stock, and the RSUs were granted on February 26, 2026 and vested immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
64,375 shares exercised/converted
Mixed
3 txns
Insider
Calkins Matthew W
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 64,375 | $0.00 | -- |
| Exercise | Class A Common Stock | 64,375 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 23,558 | $27.34 | $644K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 1,842,702 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis. 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 CEO Matthew Calkins report on this Form 4?
Matthew Calkins reported exercising 64,375 Restricted Stock Units into 64,375 shares of Appian Class A Common Stock, plus a related tax-withholding disposition of 23,558 shares, all dated March 3, 2026, as part of his equity compensation activity.
How do the reported RSUs for APPN’s CEO convert into Appian stock?
Each Restricted Stock Unit converts into one share of Appian Class A Common Stock. The Form 4 footnotes state that each RSU represents a contingent right to receive one share or its cash equivalent, and the reported RSUs vested immediately on February 26, 2026.
When were the RSUs in Matthew Calkins’ APPN Form 4 granted and vested?
The RSUs were granted on February 26, 2026, and vested immediately on that date, according to the Form 4 footnotes. The subsequent March 3, 2026 transactions reflect the exercise or conversion of those vested RSUs into Class A Common Stock.