Calkins Matthew W 4
4 · APPIAN CORP · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Appian (APPN) 10% Owner Matthew W. Calkins Sells 50,000 Shares
What Happened
Matthew W. Calkins, a 10% owner of Appian Corp (APPN), sold 50,000 shares in an open-market/private sale on June 8, 2026. The reported weighted-average price was $24.13, for a total of approximately $1,206,500. This was a sale (not a purchase), which is often routine rather than a direct vote on company prospects.
Key Details
- Transaction date: 2026-06-08; Filing date: 2026-06-10 (filed two days after the trade).
- Price: weighted average $24.13; individual trade prices ranged from $23.81 to $24.24.
- Total proceeds: ~$1,206,500 for 50,000 shares.
- Shares owned after the transaction: Not specified in the provided filing summary.
- Footnotes: Sale occurred automatically under a Rule 10b5-1 trading plan adopted by Mr. Calkins on March 5, 2026. The filing notes the weighted-average price and offers to provide a per-price breakdown on request.
- Insider status: Reporting person is a 10% owner (not necessarily an executive), which is a significant ownership category under SEC rules.
Context
Sales under pre-established 10b5-1 plans are common and generally indicate pre-planned dispositions rather than immediate reactions to news. For retail investors, purchases typically carry more informational weight than scheduled sales; this filing documents a planned liquidation by a major shareholder. Accession: 0001309192-26-000006.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-06-08$24.13/sh−50,000$1,206,500→ 1,769,144 total
Footnotes (2)
- [F1]Represents sales that occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 5, 2026.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.81 to $24.24, inclusive. The Reporting Person undertakes 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.