Kilberg Bobbie G 4
Research Summary
AI-generated summary
Appian (APPN) Director Bobbie G. Kilberg Receives 1,296-Share Award
What Happened
Bobbie G. Kilberg, a director of Appian Corp (APPN), received a grant of 1,296 shares on April 1, 2026. The shares were issued as an award (reported price $0.00) under the company's director compensation program — a non-cash equity compensation grant rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (timely filing).
- Transaction type/code: Award/Grant (A). Price reported: $0.00 per share.
- Shares granted: 1,296 shares.
- Reported holdings per filing (trusts): 1,246 shares in the Barbara Greene Kilberg Living Trust; 1,246 shares in the Kilberg Family Trust; 57,539 shares in the William & Barbara Kilberg trusts — totaling 60,031 shares as disclosed in footnote. Adding this 1,296-share grant would bring those holdings to 61,327 shares (if all granted shares are held outright after the award).
- Footnote(s): Grant made under Appian’s 2017 Equity Incentive Plan per the Non-Employee Director Compensation Policy (Footnote F1). Footnote F2 details trust holdings and notes 21,600 shares were contributed to a trust on 2/26/2026.
- No indication of a sales, tax-withholding, 10b5-1 plan, or immediate disposition in this filing.
Context
Director equity awards are a common form of non-cash compensation to align directors with shareholder interests; they are routine and do not necessarily indicate the director is buying or selling shares for investment reasons. This filing reports an award (not a market purchase), and the Form 4 appears timely.