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AppFolio CEO and CFO Report Small August Stock Sales

Regulatory filings show the trades were automatic tax-withholding tied to vested awards rather than a disclosed corporate change.

Overview

  • SEC Form 4 filings show CEO William Shane Trigg disposed of 3,718 Class A shares and CFO Timothy Mathias Eaton disposed of 949 Class A shares on August 10, with a weighted average sale price reported at $199.54.
  • Yahoo Finance reporting says Eaton’s disposal was non‑discretionary and occurred automatically to cover tax obligations from vesting in eight award tranches granted between March 2023 and January 2026.
  • The Form 4s use the $199.54 weighted average price and the August 10 market close to calculate transaction values; the filings do not include any company statement of a buyback, departure, or other material corporate action linked to the trades.
  • AppFolio is presented in coverage as a profitable cloud real‑estate software provider with about $7.3 billion market capitalization, roughly $1.0 billion trailing twelve‑month revenue, and $157.5 million trailing net income, which frames the sales as routine insider activity rather than a sign of company distress.
  • Form 4 filings are routine public disclosures of insider trades that report who sold, how many shares and at what price, so investors should watch for further SEC filings or company statements if they want evidence of any broader change in executive holdings or company policy.