Calkins Matthew W 4
Research Summary
AI-generated summary
Appian (APPN) 10% Owner Matthew Calkins Receives 64,375 RSUs
What Happened
- Matthew W. Calkins, a 10% owner of Appian Corp (APPN), received a grant of 64,375 restricted stock units (RSUs) on February 26, 2026. The award was recorded at $0.00 per share (derivative award, transaction code A) and vested immediately per the filing.
Key Details
- Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02)
- Transaction type/code: Grant/Award (A); derivative award of RSUs
- Amount: 64,375 RSUs; reported acquisition price $0.00
- Shares owned after transaction: not specified in the provided summary
- Footnotes: (1) Each RSU equals a contingent right to one share of Class A common stock (or cash equivalent at issuer's discretion). (2) RSUs were granted on Feb 26, 2026 and vested immediately.
- Filing timeliness: filing date is 2026-03-02; timeliness relative to the transaction is not specified here
Context
- RSUs are a form of equity compensation that convert into shares (or cash) subject to the issuer's terms. Immediate vesting means the RSUs are no longer subject to a future service schedule and the holder is entitled to receive shares (or cash equivalent) per the company’s settlement rules.
- As a reported 10% owner, Calkins is a significant shareholder; this entry reflects a grant of equity rather than an open-market purchase or sale.