Appian Corporation director David Forrest Link reported a stock grant under the company’s equity plan. On 02/04/2026, he acquired 771 shares of Appian Class A common stock at a price of $0 per share, bringing his directly held total to 771 shares.
The shares were granted under Appian’s 2017 Equity Incentive Plan pursuant to its Non-Employee Director Compensation Policy, as amended and approved by the Board of Directors on December 18, 2020. This filing records routine equity compensation for a non-employee director.
Appian Corporation director reports no share ownership
Appian Corporation director David Forrest Link filed an initial ownership report stating he beneficially owns 0 shares of the company’s Class A common stock in direct form as of January 25, 2026.
Fivespan Partners, LP and Dylan Haggart filed a Schedule 13D disclosing a 6.2% beneficial stake in Appian Corporation through 2,630,907 shares of Class A common stock. They invested approximately $80.8 million, funded by the working capital of Fivespan Partners Fund, Ltd.
The investors state they believe Appian’s shares are undervalued and plan ongoing discussions with management and the board. Topics include business strategy, board composition, capital allocation, mergers and acquisitions, executive pay, and governance, and they may consider additional share purchases, sales, or hedging over time.
Appian Corporation reported that its Board of Directors appointed David Link to the Board on January 15, 2026, with his service effective from January 25, 2026 through the company’s 2026 annual meeting of stockholders. He was also appointed to the Audit Committee, effective the same date.
Mr. Link is the Co-Founder and CEO of ScienceLogic, a global IT operations management and AIOps company, and previously served as a Senior Vice President at Interliant, Inc. He also serves on the Board of the Northern Virginia Technology Council and holds a Bachelor of Science in Geology from Denison University.
The Board determined that Mr. Link is independent under Appian’s governance guidelines and Nasdaq and SEC standards, and disclosed that there are no related-party transactions or arrangements connected to his selection. Under Appian’s non-employee director compensation policy, he will receive an annual board retainer of $250,000, paid half in cash and half in fully vested shares of Appian Class A common stock. Appian also issued a press release on January 21, 2026 announcing these matters.
Appian Corporation (APPN) reported insider activity by its General Counsel on a Form 4. On November 5, 2025, the reporting person acquired 6,104 Class A shares at $0 via RSU conversions (code M) and disposed of 1,827 shares at $29.33 (code F). Following these transactions, the reporting person directly holds 29,782 Class A shares.
The filing also lists multiple RSU grants with defined vesting schedules, including awards granted on August 2, 2022; October 31, 2023; and November 5, 2024, that convert into Class A shares on a one-for-one basis.
Appian (APPN) reported an insider transaction by its Chief Customer Officer on 11/05/2025. The officer acquired 1,034 shares of Class A Common Stock through the vesting and settlement of RSUs at $0 per share (code M), then had 331 shares withheld for taxes at $29.33 (code F).
Following these transactions, the officer directly owned 23,560 shares. The RSUs were granted on November 2, 2021 and vested on November 5, 2025, with each RSU converting into one share.
Appian (APPN) insider activity: the Chief Revenue Officer reported equity transactions. On November 4, 2025, the officer received 38,064 Restricted Stock Units (RSUs), each representing a right to one share of Class A common stock.
On November 5, 2025, 8,729 RSUs converted into Class A shares at $0. To satisfy tax obligations, 2,558 shares were withheld at a price of $29.33, leaving 6,171 shares directly owned afterward. The November 4, 2025 RSU grant vests in four equal annual installments starting November 5, 2026. A prior RSU grant dated November 5, 2024 vests in four equal annual installments starting November 5, 2025.
Appian (APPN) reported Q3 2025 results with total revenue of $187.004 million, up from $154.052 million a year ago. The company posted net income of $7.825 million (diluted EPS $0.10) and operating income of $13.114 million, compared with a loss last year.
For the first nine months of 2025, revenue reached $524.070 million with net income of $6.336 million. Cash from operations was $61.737 million year-to-date. Cash and cash equivalents were $125.249 million and short‑term investments were $66.312 million as of September 30, 2025. Total debt stood at $245.725 million.
Current deferred revenue was $275.449 million, and remaining performance obligations totaled $577.2 million, with $382.2 million expected to be recognized over the next 12 months. The company repurchased approximately 0.6 million shares for $20.0 million across Q2–Q3 2025. Government agencies represented 32.4% of Q3 revenue; international customers contributed 39.7%. Appian recorded a $0.8 million lease impairment in Q3 related to office space. In the Pegasystems matter, arguments were heard by the Supreme Court of Virginia on October 28, 2025.
Appian Corporation reported that it furnished a press release announcing financial results for the third quarter ended September 30, 2025. The company also shared details for a conference call to discuss results, recent business highlights, and financial outlook. The press release is included as Exhibit 99.1 to this Form 8-K, furnished on November 6, 2025, and is not deemed “filed” under Section 18 of the Exchange Act.
Albert G.W. Biddle III, a Director of Appian Corporation (APPN), reported a non‑derivative acquisition on 10/01/2025 of 1,022 shares of Class A common stock granted under the company's 2017 Equity Incentive Plan and Non‑Employee Director Compensation Policy. After the grant, the Form 4 shows the Reporting Person directly beneficially owns 32,500 Class A shares. The filing also discloses indirect holdings: three family trusts each holding 15,479 shares and Jack Biddle, Inc. holding 82,500 shares; the Reporting Person serves as trustee for the trusts and is president of JBI. The Form 4 was signed by an attorney‑in‑fact on 10/03/2025.