Kramer Robert Charles 4
4 · APPIAN CORP · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Appian (APPN) GM Robert Kramer Exercises RSUs; 1,215 Shares Withheld
What Happened
- Robert C. Kramer, General Manager and Director of Appian Corporation (APPN), converted 3,770 restricted stock units (RSUs) into 3,770 shares on March 3, 2026 (derivative exercise/conversion, code M). To satisfy tax withholding obligations, 1,215 of those shares were surrendered at $27.34 per share (code F) for a total withholding value of $33,218. The exercise price shown was $0.00, consistent with RSU settlement.
- Net shares received by Kramer from this transaction: 3,770 converted − 1,215 withheld = 2,555 shares retained.
Key Details
- Transaction date: 2026-03-03. Filing (Form 4) accession date: 0001707249-26-000005 (filed same day).
- Conversion/exercise: 3,770 RSUs → 3,770 shares (exercise/conversion code M); withholding: 1,215 shares @ $27.34 = $33,218 (code F).
- Net new shares: 2,555.
- Footnotes: RSUs convert one-for-one to Class A common stock (F1, F4). RSUs were granted on Feb 26, 2026 and vested immediately (F5). Reported securities are held in The Robert C. Kramer Trust (he is sole trustee/beneficiary) and an irrevocable family trust (2023 Trust) for certain reported securities (F2, F3).
- Shares owned after the transaction are not specified in the excerpt of the filing.
Context
- This was an RSU conversion with shares withheld to cover tax liability (routine withholding), not an open-market sale—so it does not necessarily signal a change in sentiment.
- Transaction codes: M = exercise/conversion of derivative (RSU conversion here); F = payment of exercise price or tax liability (share withholding). The filing appears timely (same-day reporting).
Insider Transaction Report
Form 4
APPIAN CORPAPPN
Kramer Robert Charles
DirectorGeneral Manager
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-03+3,770→ 315,152 total - Tax Payment
Class A Common Stock
2026-03-03$27.34/sh−1,215$33,218→ 313,937 total - Exercise/Conversion
Restricted Stock Unit
[F4][F5]2026-03-03−3,770→ 0 total→ Class A Common Stock (3,770 underlying)
Holdings
- 9,120(indirect: See Footnote)
Class A Common Stock
[F2] - 150,000(indirect: See Footnote)
Class A Common Stock
[F3]
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
- [F2]The reported securities are owned directly by The Robert C. Kramer Trust (the "Trust"). The Reporting Person is the sole trustee and beneficiary of the Trust.
- [F3]The reported securities are owned by an irrevocable family trust (the "2023 Trust"), of which immediate family members are the trustee and beneficiary.
- [F4]Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock (or its cash equivalent, at the discretion of the Issuer).
- [F5]The RSUs were granted on February 26, 2026, and vested immediately.
Signature
/s/ Angela Patterson, Attorney-in-Fact|2026-03-03