Eaton Timothy Mathias 4
4 · APPFOLIO INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
AppFolio (APPF) CFO Timothy Eaton Receives Award — 7,415 Shares
What Happened
- Timothy M. Eaton, Chief Financial Officer of AppFolio (APPF), received 7,415 shares on February 10, 2026 as the vesting of performance-based restricted stock units (PSUs). The shares are recorded at $188.30 each for a gross value of $1,396,245.
- The issuer withheld shares to satisfy tax-withholding obligations: a total of approximately 1,303 shares (cash value about $245,356), leaving Eaton with roughly 6,112 net shares valued at ~ $1,150,889. These withholding transactions are reported as dispositions (F codes) and are routine tax-withholding of vested awards.
Key Details
- Transaction date and price: February 10, 2026 at $188.30 per share.
- Primary transaction type: A (award/acquisition) — vesting of PSUs (granted July 30, 2025 per footnote F1).
- Withholding/dispositions: multiple F-coded entries (total ~1,303 shares) to satisfy minimum tax withholding for PSUs and RSUs from various grant dates (see footnotes F2–F9).
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- Filing date / timeliness: Form 4 filed February 12, 2026 — appears timely (filed two days after vesting).
- Relevant footnotes: F1 = PSUs vesting (7/30/2025 grant); F2–F9 = share withholding for tax on vesting of PSUs/RSUs from several prior grants (2023–2025).
Context
- This was not an open-market sale or purchase — it was the vesting of equity awards and issuer share-withholding to cover taxes (a common, routine event). F-coded entries represent shares withheld by the company rather than a market sale.
- For retail investors: vesting awards indicate compensation being paid in equity. They are routine and do not necessarily signal the insider buying or selling stock in the market.
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
Eaton Timothy Mathias
Chief Financial Officer
Transactions
- Award
Class A Common Stock
[F1]2026-02-10$188.30/sh+7,415$1,396,245→ 22,873 total - Tax Payment
Class A Common Stock
[F2]2026-02-10$188.30/sh−926$174,366→ 21,947 total - Tax Payment
Class A Common Stock
[F3]2026-02-10$188.30/sh−113$21,278→ 21,834 total - Tax Payment
Class A Common Stock
[F4]2026-02-10$188.30/sh−88$16,570→ 21,746 total - Tax Payment
Class A Common Stock
[F5]2026-02-10$188.30/sh−20$3,766→ 21,726 total - Tax Payment
Class A Common Stock
[F6]2026-02-10$188.30/sh−29$5,461→ 21,697 total - Tax Payment
Class A Common Stock
[F7]2026-02-10$188.30/sh−25$4,708→ 21,672 total - Tax Payment
Class A Common Stock
[F8]2026-02-10$188.30/sh−53$9,980→ 21,619 total - Tax Payment
Class A Common Stock
[F9]2026-02-10$188.30/sh−49$9,227→ 21,570 total
Footnotes (9)
- [F1]Consists of Class A Common Stock granted by the Issuer in connection with the vesting on February 10, 2026 of the performance-based restricted stock units ("PSUs") granted to the Reporting Person on July 30, 2025 pursuant to the Issuer's 2025 Omnibus Incentive Plan.
- [F2]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of PSUs previously granted to the Reporting Person on July 30, 2025 pursuant to the Issuer's 2025 Omnibus Incentive Plan.
- [F3]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of the time-based restricted stock units ("RSUs") previously granted to the Reporting Person on July 30, 2025 pursuant to the Issuer's 2025 Omnibus Incentive Plan.
- [F4]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of RSUs previously granted to the Reporting Person on March 5, 2025 pursuant to the Issuer's 2025 Omnibus Incentive Plan.
- [F5]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of RSUs previously granted to the Reporting Person on March 11, 2024 pursuant to the Issuer's 2015 Stock Incentive Plan.
- [F6]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of RSUs previously granted to the Reporting Person on March 5, 2024 pursuant to the Issuer's 2015 Stock Incentive Plan.
- [F7]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of RSUs previously granted to the Reporting Person on November 6, 2023 pursuant to the Issuer's 2015 Stock Incentive Plan.
- [F8]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of RSUs previously granted to the Reporting Person on March 6, 2023 pursuant to the Issuer's 2015 Stock Incentive Plan.
- [F9]Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 10, 2026 of RSUs previously granted to the Reporting Person on February 9, 2022 pursuant to the Issuer's 2015 Stock Incentive Plan.
Signature
/s/ Evan Pickering, as Attorney-in-Fact, for Timothy Mathias Eaton|2026-02-12