Abdiel Capital Advisors, LP sold APPN

July 28, 2025 · Form 4 insider transaction

Abdiel Capital Advisors, LP sold 312,014 shares of Appian Corporation at $30.40 per share, a transaction worth $9.49M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
312,014
Price
$30.40
Total value
$9.49M
Role10% owner
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateJuly 28, 2025
Filing dateJuly 29, 2025
Shares owned after5,359,937
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.94. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.; The share numbers in Column 5 represent the aggregated holdings of Abdiel Qualified Master Fund, LP ("AQMF"), Abdiel Capital, LP ("ACLP") and Abdiel Partners, LLC ("APLLC"). Abdiel Capital Advisors, LP serves as the investment manager of AQMF, ACLP and APLLC. Abdiel Capital Management, LLC is the general partner of AQMF and ACLP. Colin T. Moran is the managing member of Abdiel Capital Management, LLC and Abdiel Capital Partners, LLC, which is the general partner of Abdiel Capital Advisors, LP and the managing member of APLLC. By virtue of the foregoing relationships, Mr. Moran and Abdiel Capital Advisers LP may be deemed to beneficially own the securities held by AQMF, ACLP and APLLC, and Abdiel Capital Management LLC may be deemed to beneficially own the securities held by AQMF and ACLP. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.

View the original Form 4 on SEC EDGAR