Kilberg Bobbie G 4

What Happened

• Bobbie G. Kilberg, a director of Appian Corp (APPN), converted and exercised derivative/Class B shares into 10,800 shares of Class A common stock on April 10, 2026. The filing shows an acquisition of 10,800 shares at $11.17 per share, for a total reported cash value of $120,636. The transactions reflect conversion of Class B common stock and related exercise/conversion of derivative securities.

Key Details

• Transaction date: 2026-04-10.
• Acquired: 10,800 Class A shares via exercise/conversion at $11.17/share (total $120,636).
• Conversion: Reporting person converted Class B common stock into Class A common stock (per footnotes).
• Holdings called out in the filing (footnote): trusts hold a total of 28,431 shares (1,246 + 1,246 + 25,939 across listed trusts).
• Vesting: Shares are fully vested (Footnote F5).
• Filing timeliness: Reported on the same date (Apr 10, 2026), no late filing indicated in the provided data.
• Relevant footnotes: Class B shares are convertible into Class A at holder option and convert automatically in certain events (see Footnotes F1–F3). Trust ownership details are in Footnote F4.

Context

• This was an acquisition via conversion/exercise (insider acquired shares rather than sold). For retail investors: conversions of class shares are an administrative change in share class and exercises indicate the insider elected to convert/realize derivative rights into ordinary shares. The form does not show an immediate sell of the acquired shares (no cashless sale reported).