Zamudio-Ramirez Pavel 4

4 · APPIAN CORP · Filed May 7, 2026

AI-generated summary of this filing

Updated May 7, 2026

Appian CCO Pavel Zamudio‑Ramirez Receives RSUs, Withholds Shares

What Happened

Pavel Zamudio‑Ramirez, Chief Customer Officer of Appian Corp (APPN), had restricted stock units (RSUs) vest and convert into Class A common shares in early May 2026. The filing shows grants/conversions totaling 15,848 RSUs (recorded May 5, 2026) and additional conversion activity on May 6, 2026.
As part of the vesting/conversion, 3,314 shares were surrendered to cover tax withholding at $22.72 per share (total tax withholding = $75,294). After all reported conversions and withholdings/dispositions, the filing shows a net increase of 12,534 shares beneficially owned by the reporting person.

Key Details

Transaction dates and types:
- May 5, 2026: Grant/award recorded — 15,848 RSUs (A) (vested per footnote).
- May 5, 2026: Conversion/exercise (M) — dispositions of 2,935 and 7,337 shares (reported as $0 proceeds).
- May 6, 2026: Conversion/exercise (M) — 10,272 shares acquired ($0 reported).
- May 6, 2026: Tax withholding (F) — 3,314 shares disposed at $22.72/share = $75,294.
Net effect reported in this filing: +12,534 shares (acquisitions minus dispositions/withholdings).
Footnotes of note:
- RSUs convert one-for-one into Class A common stock (F1, F3).
- The RSUs that vested were granted May 6, 2025 and vested May 5, 2026 (F5).
- Filing notes inclusion of small ESPP purchases (221 and 218 shares) from March and April 2026 (F2).
Filing timeliness: Report filed May 7, 2026 — within the typical two-business-day Form 4 window (timely).

Context

These transactions reflect RSU vesting and conversion, not an open‑market purchase or a voluntary sale for cash except for shares withheld to cover taxes. That withholding (code F) is routine and does not necessarily indicate a change in insider sentiment.
For retail investors: RSU vesting increases the insider’s share stake (after withholding). Because this is an award/vesting event rather than an open‑market buy or sell, it should be viewed as routine compensation-related activity unless accompanied by separate market transactions.

Form 4

Period: 2026-05-05

Chief Customer Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-05-06+10,272→ 36,376 total
Tax Payment
Class A Common Stock
2026-05-06$22.72/sh−3,314$75,294→ 33,062 total
Exercise/Conversion
Restricted Stock Unit
[F3][F4]
2026-05-05−2,935→ 8,805 total
→ Class A Common Stock (2,935 underlying)
Exercise/Conversion
Restricted Stock Unit
[F3][F5]
2026-05-05−7,337→ 0 total
→ Class A Common Stock (7,337 underlying)
Award
Restricted Stock Unit
[F3][F6]
2026-05-05+15,848→ 15,848 total
→ Class A Common Stock (15,848 underlying)

Footnotes (6)

[F1]Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
[F2]Includes 221 and 218 shares acquired on 3/4/2026 and 4/2/2026, respectively, under the Appian Corporation Employee Stock Purchase Plan.
[F3]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).
[F4]The RSUs were granted on May 6, 2025, and vest in four equal annual installments commencing on May 5, 2025, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
[F5]The RSUs were granted on May 6, 2025, and vested on May 5, 2026.
[F6]The RSUs were granted on May 5, 2026, and vest in four equal annual installments commencing on May 5, 2026, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.

Signature

/s/ Angela Patterson, Attorney-in-Fact|2026-05-07

1 file