Lynch Mark Steven 4

What Happened

• Mark Steven Lynch, a director of Appian Corp (APPN), converted/exercised derivative/Class B securities and acquired a total of 9,530 shares on March 3, 2026 (9,430 at $9.46 each = $89,208; 100 at $12.00 each = $1,200; total paid $90,408). The same day he sold 9,530 shares in an open-market transaction at $27.00 per share for proceeds of $257,310.
• Several zero-dollar entries in the filing reflect the administrative mechanics of converting or canceling the derivative/Class B instruments (see footnotes). The underlying shares were fully vested (Footnote F4).

Key Details

• Date of transactions: March 3, 2026.
• Acquisitions: 9,430 shares @ $9.46 (total $89,208); 100 shares @ $12.00 (total $1,200).
• Sale: 9,530 shares @ $27.00 (total proceeds $257,310).
• Filing status: Report filed the same day (no late filing flag in the provided data).
• Shares owned after the transactions: Not disclosed in the provided filing.
• Notable footnotes: F1–F3 describe that Class B common stock is convertible into Class A common stock (at holder’s option and in certain automatic circumstances); F4 notes shares were fully vested.

Context

• Transaction codes shown: C = conversion of derivative/security, M = exercise or conversion of derivative, S = sale. Zero-dollar “disposed” entries typically record the cancellation or conversion of derivative instruments and are administrative, not cash sales.
• The filing shows Lynch acquired shares via conversion/exercise and disposed of the same number in the open market on the same day. This sequence documents the mechanics (acquire via conversion/exercise, then sell) rather than indicating a long-term buy/sell position.