Eaton Timothy Mathias 4

What Happened Timothy Mathias Eaton, Chief Financial Officer of AppFolio, was granted 5,354 restricted stock units (RSUs) on January 27, 2026. The Form 4 reports the award as an "A" (award/grant) at $0.00 per share (acquired value $0) — meaning no cash was paid by the insider at grant.

Key Details

• Transaction date: 2026-01-27; Form filed: 2026-01-29 (timely Section 16 filing).
• Transaction type: A = award/grant of RSUs; reported price: $0.00; quantity: 5,354 RSUs.
• Shares owned after transaction: not disclosed on this filing.
• Footnote: RSUs granted under the Issuer's 2025 Omnibus Incentive Plan. Vesting over four years with 1/16th of the RSUs vesting quarterly beginning May 10, 2026.
• No 10b5-1 plan, tax-withholding disposition, or sale reported in this Form 4.

Context RSU grants are compensation awards that vest over time and do not reflect an immediate purchase or sale — they indicate future potential ownership if vesting conditions are met. The grant’s economic value to the insider depends on AppFolio’s future stock price and vesting; until vested, the units are typically nontransferable and subject to forfeiture under plan terms.