Calkins Matthew W 4
4 · APPIAN CORP · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
Appian (APPN) 10% Owner Matthew Calkins Sells 50,000 Shares
What Happened
Matthew W. Calkins, a 10% owner of Appian Corp (APPN), sold a total of 50,000 shares on July 7, 2026 in two reported transactions, generating total proceeds of $1,236,243. The filings show: 37,515 shares sold at a weighted average price of $24.61 (proceeds $923,244) and 12,485 shares sold at a weighted average price of $25.07 (proceeds $312,999). These were reported as sales (S) and described as open-market/private sales.
Key Details
- Transaction dates: July 7, 2026 (both lots). Filing date: July 8, 2026 (timely).
- Lot 1: 37,515 shares at weighted avg $24.61; prices ranged $23.87–$24.86 (footnote F2). Proceeds reported $923,244.
- Lot 2: 12,485 shares at weighted avg $25.07; prices ranged $24.87–$25.24 (footnote F3). Proceeds reported $312,999.
- Total shares sold: 50,000; total proceeds: $1,236,243.
- Footnote F1: Sales occurred automatically under a Rule 10b5-1 trading plan adopted March 5, 2026. Footnotes F2/F3 explain weighted-average pricing and provide ranges; full per-price breakdown available on request.
- Shares owned after transaction: not provided in the excerpt of the filing.
Context
As a 10% owner, Calkins is a significant shareholder; 10% owner transactions are treated differently from routine executive trades but are still standard disclosures. These sales were automatic under a pre-established 10b5-1 plan, which typically indicates pre-planned disposition rather than reactive market timing. Sales do not necessarily signal negative company outlook—retail investors often focus more on insider purchases as a stronger indicator of insider confidence.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-07-07$24.61/sh−37,515$923,244→ 1,731,629 total - Sale
Class A Common Stock
[F1][F3]2026-07-07$25.07/sh−12,485$312,999→ 1,719,144 total
Footnotes (3)
- [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 $23.87 to $24.86, 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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.87 to $25.24, 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.