$APPN

Calkins Matthew W sold $1.6M of APPN

Calkins Matthew W (CEO and President) sold 45,000 shares of APPIAN CORP (APPN) at an average of $34.46 ($31.66–$34.79, $1.55M total) across 4 trades on 2026-08-07 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Calkins Matthew W
Published Aug 11, 2026, 8:08 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 11, 2026, 9:06 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$APPN
Neutral
medium confidence
Mentioned
$APPN
Relevance
5/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$APPNNeutralLow
01

Why it matters

The newest disclosed fact is the size, timing, and pricing range of the CEO’s open-market sale executed on Aug 7, 2026 under a pre-arranged 10b5-1 plan.

02

Market read

Traders may monitor APPN for any follow-through in insider activity, but the disclosure alone does not change fundamentals.

03

What to watch

The filing does not disclose whether other insiders sold/bought around the same time, nor does it provide context for personal liquidity needs.

Relevance 5/10Novelty 3/10Timing: filed Aug 11, 2026 for trades executed Aug 7, 2026

Background

This is an SEC Form 4 insider transaction disclosure for Appian (APPN) by CEO and President Matthew W. Calkins.

Company-level read

Ticker impact

$APPNNeutralMedium confidence
Context

Appian CEO and President Matthew W. Calkins sold about 45,000 shares in open-market trades under a 10b5-1 plan, totaling $1.55M.

Expected impact

Likely limited immediate price impact; any effect is more sentiment-driven than fundamental.

Evidence & confidence

Form 4 insider sales under a pre-arranged 10b5-1 plan are typically less informative than unscheduled sales, and the article provides no accompanying company-specific news.

Market effects

Minimal, as this is company-specific insider transaction data with no sector-wide catalyst.

None indicated.

None indicated.

Counterpoint

Insider sales can be driven by diversification or tax planning rather than bearish expectations, especially when executed under a 10b5-1 plan.

Key entities

  • Appian

    Subject of the Form 4 insider sale disclosure.

  • Matthew W. Calkins

    CEO and President, reported open-market sale of APPN shares under a 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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