AppFolio (APPF) Director Jolly Diya Receives RSU Award

What Happened
Jolly Diya, a director of AppFolio, received two grants of time-based restricted stock units (RSUs) on June 29, 2026: 649 RSUs and 1,568 RSUs, for a total of 2,217 RSUs. The awards were granted at $0.00 per share (standard for RSU grants) and vest 100% on the first anniversary of the grant dates. This filing is an amendment to the Form 4 originally filed July 1, 2026; the amendment corrects the filing to show Ms. Jolly as the reporting owner and does not change reported beneficial ownership.

Key Details

• Transaction date: June 29, 2026; grant type: Award/Grant (code A). Price reported: $0.00 per RSU.
• Total RSUs granted: 2,217 (649 + 1,568).
• Vesting: 100% on the first anniversary of each grant (per footnotes).
• Footnote F1: 649 RSUs = pro-rated annual director grant under the 2025 Omnibus Incentive Plan, prorated for service from June 29, 2026.
• Footnote F2: 1,568 RSUs = new director grant under the 2025 Omnibus Incentive Plan.
• Shares owned after transaction: not specified in the amended filing.
• Filing status: This is an amended Form 4 (filed Aug 18, 2026) correcting the reporting owner; no change to beneficial ownership was reported.

Context
RSU grants are compensation awards that convert to shares (and typically taxable income) when they vest; they are not open-market purchases or sales and do not by themselves signal buying or selling by the director. Director RSU grants are common as part of board compensation.