STOCK TITAN

[Form 4] Appian Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Viking Global Investors LP and multiple affiliated vehicles filed a Schedule 13G disclosing 17,049,178 shares of Fortive Corp. (FTV), equal to 5.02 % of Fortive’s 339.9 million outstanding shares (reference date 28 Apr 2025).

The entire position carries shared voting and dispositive power; no party holds sole authority. Key holders include Viking Global Equities Master (11.05 M; 3.3 %), Viking Long Fund Master (3.95 M; 1.2 %), Viking Global Opportunities Liquid Portfolio (1.83 M; 0.5 %) and Viking Global Equities II (0.23 M; 0.1 %). Executive Committee members O. Andreas Halvorsen, David C. Ott and Rose S. Shabet may be deemed beneficial owners of the full 5.02 % through their control of the entities. The filing certifies the stake is passive and not intended to change or influence control of the issuer.

Viking Global Investors LP e diversi veicoli affiliati hanno presentato un Schedule 13G dichiarando il possesso di 17.049.178 azioni di Fortive Corp. (FTV), pari al 5,02% delle 339,9 milioni di azioni in circolazione di Fortive (data di riferimento 28 aprile 2025).

L'intera posizione comporta un potere condiviso di voto e disposizione; nessuna parte detiene l'autorità esclusiva. I principali detentori includono Viking Global Equities Master (11,05 M; 3,3 %), Viking Long Fund Master (3,95 M; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 M; 0,5 %) e Viking Global Equities II (0,23 M; 0,1 %). I membri del Comitato Esecutivo O. Andreas Halvorsen, David C. Ott e Rose S. Shabet possono essere considerati beneficiari dell'intero 5,02% attraverso il controllo delle entità. La dichiarazione certifica che la partecipazione è passiva e non intende modificare o influenzare il controllo dell'emittente.

Viking Global Investors LP y varios vehículos afiliados presentaron un Schedule 13G revelando 17.049.178 acciones de Fortive Corp. (FTV), equivalentes al 5,02% de las 339,9 millones de acciones en circulación de Fortive (fecha de referencia 28 de abril de 2025).

La posición completa tiene poder de voto y disposición compartido; ninguna parte tiene autoridad exclusiva. Los principales titulares incluyen Viking Global Equities Master (11,05 M; 3,3 %), Viking Long Fund Master (3,95 M; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 M; 0,5 %) y Viking Global Equities II (0,23 M; 0,1 %). Los miembros del Comité Ejecutivo O. Andreas Halvorsen, David C. Ott y Rose S. Shabet pueden considerarse propietarios beneficiarios del total del 5,02 % a través de su control sobre las entidades. La presentación certifica que la participación es pasiva y no tiene la intención de cambiar o influir en el control del emisor.

Viking Global Investors LP와 여러 관련 법인이 Schedule 13G를 제출하여 Fortive Corp. (FTV)의 17,049,178주를 보유하고 있음을 공개했으며, 이는 Fortive의 3억 3,990만 주 중 5.02%에 해당합니다(기준일 2025년 4월 28일).

전체 지분은 공동 의결권과 처분권을 가지며, 단독 권한을 가진 당사자는 없습니다. 주요 보유자는 Viking Global Equities Master (1,105만 주; 3.3%), Viking Long Fund Master (395만 주; 1.2%), Viking Global Opportunities Liquid Portfolio (183만 주; 0.5%), Viking Global Equities II (23만 주; 0.1%)입니다. 집행위원회 멤버인 O. Andreas Halvorsen, David C. Ott, Rose S. Shabet는 이들 법인에 대한 통제를 통해 전체 5.02%의 실질 소유자로 간주될 수 있습니다. 제출 서류는 이 지분이 수동적이며 발행사에 대한 통제권 변경이나 영향력을 행사할 의도가 없음을 인증합니다.

Viking Global Investors LP et plusieurs entités affiliées ont déposé un Schedule 13G révélant la détention de 17 049 178 actions de Fortive Corp. (FTV), soit 5,02 % des 339,9 millions d'actions en circulation de Fortive (date de référence 28 avril 2025).

La totalité de la position confère un pouvoir de vote et de disposition partagé ; aucune partie ne détient l'autorité exclusive. Les principaux détenteurs comprennent Viking Global Equities Master (11,05 M ; 3,3 %), Viking Long Fund Master (3,95 M ; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 M ; 0,5 %) et Viking Global Equities II (0,23 M ; 0,1 %). Les membres du comité exécutif O. Andreas Halvorsen, David C. Ott et Rose S. Shabet peuvent être considérés comme propriétaires bénéficiaires des 5,02 % complets grâce à leur contrôle des entités. Le dépôt certifie que la participation est passive et n'a pas pour but de modifier ou d'influencer le contrôle de l'émetteur.

Viking Global Investors LP und mehrere verbundene Vehikel haben einen Schedule 13G eingereicht, in dem sie 17.049.178 Aktien von Fortive Corp. (FTV) offenlegen, was 5,02 % der 339,9 Millionen ausstehenden Aktien von Fortive entspricht (Stichtag 28. April 2025).

Die gesamte Position verfügt über geteilte Stimm- und Verfügungsrechte; keine Partei hält alleinige Befugnis. Zu den Hauptinhabern zählen Viking Global Equities Master (11,05 Mio.; 3,3 %), Viking Long Fund Master (3,95 Mio.; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 Mio.; 0,5 %) und Viking Global Equities II (0,23 Mio.; 0,1 %). Die Mitglieder des Exekutivausschusses O. Andreas Halvorsen, David C. Ott und Rose S. Shabet können durch ihre Kontrolle der Einheiten als wirtschaftliche Eigentümer des gesamten Anteils von 5,02 % angesehen werden. Die Einreichung bestätigt, dass die Beteiligung passiv ist und nicht darauf abzielt, die Kontrolle über den Emittenten zu ändern oder zu beeinflussen.

Positive
  • Viking Global Investors and affiliates now own 5.02 % (17.0 M shares) of Fortive’s common stock, highlighting increased institutional interest from a prominent hedge fund manager.
Negative
  • None.

Insights

TL;DR: Viking declares a passive 5 % Fortive stake; raises institutional visibility, but offers no strategic signal.

Viking’s 17.0 M-share position confirms that a respected hedge fund family has accumulated a meaningful but sub-control block in Fortive. While 5 % crosses the reporting threshold, the Schedule 13G (not 13D) and explicit certification indicate a non-activist, purely investment stance. The holding is diversified across several Viking funds, reducing concentration risk and suggesting liquidity management rather than a single high-conviction bet. Investors may view the purchase as a vote of confidence in Fortive’s fundamentals, yet absent further filings (e.g., 13D, board nominations) the near-term governance or strategic impact should be minimal.

TL;DR: 5 % block is noteworthy, but passive filing limits governance implications.

The joint filers expressly disclaim any intent to influence control, satisfying Rule 13d-1(b)/(c) criteria. All voting and dispositive powers are shared among entities managed from Stamford, Connecticut, and no single individual wields unilateral authority. Such structure reduces the likelihood of coordinated activism. Should Viking’s ownership rise above 10 %, additional Section 16 obligations would trigger; as of now, compliance risk appears low. Shareholders should monitor future amendments for stance changes, but current disclosure signals limited governance impact.

Viking Global Investors LP e diversi veicoli affiliati hanno presentato un Schedule 13G dichiarando il possesso di 17.049.178 azioni di Fortive Corp. (FTV), pari al 5,02% delle 339,9 milioni di azioni in circolazione di Fortive (data di riferimento 28 aprile 2025).

L'intera posizione comporta un potere condiviso di voto e disposizione; nessuna parte detiene l'autorità esclusiva. I principali detentori includono Viking Global Equities Master (11,05 M; 3,3 %), Viking Long Fund Master (3,95 M; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 M; 0,5 %) e Viking Global Equities II (0,23 M; 0,1 %). I membri del Comitato Esecutivo O. Andreas Halvorsen, David C. Ott e Rose S. Shabet possono essere considerati beneficiari dell'intero 5,02% attraverso il controllo delle entità. La dichiarazione certifica che la partecipazione è passiva e non intende modificare o influenzare il controllo dell'emittente.

Viking Global Investors LP y varios vehículos afiliados presentaron un Schedule 13G revelando 17.049.178 acciones de Fortive Corp. (FTV), equivalentes al 5,02% de las 339,9 millones de acciones en circulación de Fortive (fecha de referencia 28 de abril de 2025).

La posición completa tiene poder de voto y disposición compartido; ninguna parte tiene autoridad exclusiva. Los principales titulares incluyen Viking Global Equities Master (11,05 M; 3,3 %), Viking Long Fund Master (3,95 M; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 M; 0,5 %) y Viking Global Equities II (0,23 M; 0,1 %). Los miembros del Comité Ejecutivo O. Andreas Halvorsen, David C. Ott y Rose S. Shabet pueden considerarse propietarios beneficiarios del total del 5,02 % a través de su control sobre las entidades. La presentación certifica que la participación es pasiva y no tiene la intención de cambiar o influir en el control del emisor.

Viking Global Investors LP와 여러 관련 법인이 Schedule 13G를 제출하여 Fortive Corp. (FTV)의 17,049,178주를 보유하고 있음을 공개했으며, 이는 Fortive의 3억 3,990만 주 중 5.02%에 해당합니다(기준일 2025년 4월 28일).

전체 지분은 공동 의결권과 처분권을 가지며, 단독 권한을 가진 당사자는 없습니다. 주요 보유자는 Viking Global Equities Master (1,105만 주; 3.3%), Viking Long Fund Master (395만 주; 1.2%), Viking Global Opportunities Liquid Portfolio (183만 주; 0.5%), Viking Global Equities II (23만 주; 0.1%)입니다. 집행위원회 멤버인 O. Andreas Halvorsen, David C. Ott, Rose S. Shabet는 이들 법인에 대한 통제를 통해 전체 5.02%의 실질 소유자로 간주될 수 있습니다. 제출 서류는 이 지분이 수동적이며 발행사에 대한 통제권 변경이나 영향력을 행사할 의도가 없음을 인증합니다.

Viking Global Investors LP et plusieurs entités affiliées ont déposé un Schedule 13G révélant la détention de 17 049 178 actions de Fortive Corp. (FTV), soit 5,02 % des 339,9 millions d'actions en circulation de Fortive (date de référence 28 avril 2025).

La totalité de la position confère un pouvoir de vote et de disposition partagé ; aucune partie ne détient l'autorité exclusive. Les principaux détenteurs comprennent Viking Global Equities Master (11,05 M ; 3,3 %), Viking Long Fund Master (3,95 M ; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 M ; 0,5 %) et Viking Global Equities II (0,23 M ; 0,1 %). Les membres du comité exécutif O. Andreas Halvorsen, David C. Ott et Rose S. Shabet peuvent être considérés comme propriétaires bénéficiaires des 5,02 % complets grâce à leur contrôle des entités. Le dépôt certifie que la participation est passive et n'a pas pour but de modifier ou d'influencer le contrôle de l'émetteur.

Viking Global Investors LP und mehrere verbundene Vehikel haben einen Schedule 13G eingereicht, in dem sie 17.049.178 Aktien von Fortive Corp. (FTV) offenlegen, was 5,02 % der 339,9 Millionen ausstehenden Aktien von Fortive entspricht (Stichtag 28. April 2025).

Die gesamte Position verfügt über geteilte Stimm- und Verfügungsrechte; keine Partei hält alleinige Befugnis. Zu den Hauptinhabern zählen Viking Global Equities Master (11,05 Mio.; 3,3 %), Viking Long Fund Master (3,95 Mio.; 1,2 %), Viking Global Opportunities Liquid Portfolio (1,83 Mio.; 0,5 %) und Viking Global Equities II (0,23 Mio.; 0,1 %). Die Mitglieder des Exekutivausschusses O. Andreas Halvorsen, David C. Ott und Rose S. Shabet können durch ihre Kontrolle der Einheiten als wirtschaftliche Eigentümer des gesamten Anteils von 5,02 % angesehen werden. Die Einreichung bestätigt, dass die Beteiligung passiv ist und nicht darauf abzielt, die Kontrolle über den Emittenten zu ändern oder zu beeinflussen.

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).
1. Name and Address of Reporting Person*
Abdiel Capital Advisors, LP

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 07/22/2025 S 74,617 D $29.37(1) 6,442,511 I By Abdiel Qualified Master Fund, LP(2)
Class A Common Stock 07/22/2025 S 3,581 D $29.37(1) 6,438,930 I By Abdiel Capital, LP(2)
Class A Common Stock 07/23/2025 S 3,291 D $28.77(3) 6,435,639 I By Abdiel Qualified Master Fund, LP(2)
Class A Common Stock 07/23/2025 S 158 D $28.77(3) 6,435,481 I By Abdiel Capital, LP(2)
Class A Common Stock 07/23/2025 S 258,997 D $29.54(4) 6,176,484 I By Abdiel Qualified Master Fund, LP(2)
Class A Common Stock 07/23/2025 S 12,428 D $29.54(4) 6,164,056 I By Abdiel Capital, LP(2)
Class A Common Stock 07/23/2025 S 167,108 D $30.14(5) 5,996,948 I By Abdiel Qualified Master Fund, LP(2)
Class A Common Stock 07/23/2025 S 8,018 D $30.14(5) 5,988,930 I By Abdiel Capital, LP(2)
Class A Common Stock 07/24/2025 S 46,005 D $29.59(6) 5,942,925 I By Abdiel Qualified Master Fund, LP(2)
Class A Common Stock 07/24/2025 S 2,208 D $29.59(6) 5,940,717 I By Abdiel Capital, LP(2)
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
1. Name and Address of Reporting Person*
Abdiel Capital Advisors, LP

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Qualified Master Fund LP

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Capital LP

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Partners, LLC

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Capital Management, LLC

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Moran Colin T.

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.03 to $29.81. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. The share numbers in Column 5 represent the aggregated holdings of Abdiel Qualified Master Fund, LP ("AQMF"), Abdiel Capital, LP ("ACLP") and Abdiel Partners, LLC ("APLLC"). Abdiel Capital Advisors, LP serves as the investment manager of AQMF, ACLP and APLLC. Abdiel Capital Management, LLC is the general partner of AQMF and ACLP. Colin T. Moran is the managing member of Abdiel Capital Management, LLC and Abdiel Capital Partners, LLC, which is the general partner of Abdiel Capital Advisors, LP and the managing member of APLLC. By virtue of the foregoing relationships, Mr. Moran and Abdiel Capital Advisers LP may be deemed to beneficially own the securities held by AQMF, ACLP and APLLC, and Abdiel Capital Management LLC may be deemed to beneficially own the securities held by AQMF and ACLP. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.
3. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.53 to $28.99. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.02 to $30.00. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.30. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
6. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.50 to $30.42. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
By: /s/ Colin T. Moran as managing member of Abdiel Capital Partners, LLC, general partner of Abdiel Capital Advisors, LP 07/24/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC, general partner of Abdiel Qualified Master Fund, LP 07/24/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC, general partner of Abdiel Capital, LP 07/24/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Partners, LLC, managing member of Abdiel Partners, LLC 07/24/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC 07/24/2025
By: /s/ Colin T. Moran, individually 07/24/2025
** 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

How many Fortive (FTV) shares does Viking Global now own?

17,049,178 shares, as reported in the Schedule 13G.

What percentage of Fortive’s outstanding shares does Viking’s position represent?

The holding equals 5.02 % of the 339,882,279 shares outstanding.

Is Viking Global’s filing passive or activist in nature?

The Schedule 13G is passive; filers certify no intent to influence control.

Which Viking fund holds the largest block of Fortive stock?

Viking Global Equities Master Ltd. holds 11,050,390 shares (3.3 % of the class).

Do any individuals personally own Fortive shares?

Executives O. Andreas Halvorsen, David C. Ott and Rose S. Shabet are deemed beneficial owners through control of the entities but hold no shares directly.
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