KERR JANET 4

What Happened

• Janet Kerr, a director of AppFolio (APPF), reported a gift of 798 shares of Class A common stock on 2026-03-10. The transaction is reported as a disposition with a per-share price of $0.00 (typical for gifts), total reported value $0.

Key Details

• Transaction date: 2026-03-10; Transaction code: G (Gift)
• Price reported: $0.00 per share; Shares disposed: 798
• Shares owned after the transaction: not specified in the Form 4 filing
• Footnote: The shares are held by the "Janet Kerr Living Trust dated 7/16/2004," of which Kerr is the Trustee (F1)
• Filing timeliness: Report filed 2026-03-11 for a 2026-03-10 transaction — appears timely

Context

• A gift (G) is a non-market disposition and does not necessarily reflect the insider’s view of the company’s prospects; such transfers are often for estate planning or personal purposes.
• Because this was a gift (not a sale or purchase), it does not signal a purchase-based bullish indicator for investors.