Hartman Carl Joseph II 4
Research Summary
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Appian (APPN) Director Carl Hartman Receives 1,296-Share Award
What Happened Carl Joseph Hartman II, a director of Appian Corp (APPN), received an award of 1,296 shares on April 1, 2026. The shares were reported at a price of $0.00 (total reported value $0) because they were granted as compensation rather than purchased. This is a grant (transaction code A), not a market purchase or sale.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,296 shares at $0.00 per share (reported value $0).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Shares were granted under the Issuer’s 2017 Equity Incentive Plan pursuant to the Non-Employee Director Compensation Policy, as amended and approved December 18, 2020.
- No 10b5-1 plan, cashless exercise, tax-withholding sale, or late-filing indication was reported.
Context Grants to non-employee directors are a routine form of compensation and are typically governed by the company’s equity plan and any applicable vesting schedule (vesting terms were not disclosed in this filing). Because this was an award rather than a purchase or sale, it should not be interpreted as a direct market sentiment signal.