APPFOLIO INC 4

What Happened

• Diya Jolly, a director of AppFolio, received equity awards on June 29, 2026: 649 RSUs (prorated annual director grant) and 1,568 RSUs (new director grant), for a total of 2,217 RSUs. Each award was granted at $0.00 (no cash paid); total reported value = $0.
• Both awards vest 100% on the first anniversary of the grant date (i.e., June 29, 2027), per the filing.

Key Details

• Transaction date: 2026-06-29; Filing date: 2026-07-01 (timely within Form 4 reporting window).
• Price: $0.00 per share (award/grant code A). Total shares granted: 2,217. Reported cash value: $0.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 = prorated annual director RSU grant (vests 100% one year after grant); F2 = new director RSU grant (vests 100% one year after grant).
• Filing note: The statement was submitted using the issuer’s CIK; an amendment will be filed for Ms. Jolly once her personal CIK/filer codes are issued by the SEC.

Context

• RSU grants are compensation awards that do not involve an immediate cash purchase or sale; value to the insider depends on share price when the RSUs vest. Such director grants are common routine compensation and do not, by themselves, indicate a purchase-based bullish signal.
• There is no indication of a 10b5-1 plan, exercise, sale, or tax-withholding reported in this filing.