William Shane Trigg - 10 May 2025 Form 4 Insider Report for APPFOLIO INC (APPF)

Role: Chief Executive Officer, Director
Signature: /s/ Evan Pickering, as Attorney-in-Fact, for William Shane Trigg
Issuer symbol: APPF
Transactions as of: 10 May 2025
Net transactions value: -$1,559,388
Form type: 4
Filing time: 13 May 2025, 20:07:48 UTC
Previous filing: 20 Feb 2025
Next filing: 20 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Trigg William Shane	Chief Executive Officer, Director	70 CASTILIAN DR, SANTA BARBARA	/s/ Evan Pickering, as Attorney-in-Fact, for William Shane Trigg	12 May 2025	0001837400

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPF	Class A Common Stock	Tax liability	$115,502	-539	-0.64%	$214.29	83,285	10 May 2025	Direct	F1
transaction	APPF	Class A Common Stock	Tax liability	$366,222	-1,709	-2.1%	$214.29	81,576	10 May 2025	Direct	F2
transaction	APPF	Class A Common Stock	Tax liability	$46,930	-219	-0.27%	$214.29	81,357	10 May 2025	Direct	F3
transaction	APPF	Class A Common Stock	Tax liability	$170,361	-795	-0.98%	$214.29	80,562	10 May 2025	Direct	F4
transaction	APPF	Class A Common Stock	Tax liability	$80,787	-377	-0.47%	$214.29	80,185	10 May 2025	Direct	F5
transaction	APPF	Class A Common Stock	Tax liability	$51,001	-238	-0.3%	$214.29	79,947	10 May 2025	Direct	F6
transaction	APPF	Class A Common Stock	Tax liability	$685,085	-3,197	-4%	$214.29	76,750	10 May 2025	Direct	F7
transaction	APPF	Class A Common Stock	Tax liability	$43,501	-203	-0.26%	$214.29	76,547	10 May 2025	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 May 10, 2025 of the performance-based restricted stock units ("PSUs") previously granted to the Reporting Person on January 24, 2024 pursuant to the Issuer's 2015 Stock 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 May 10, 2025 of the PSUs previously granted to the Reporting Person on January 25, 2023 pursuant to the Issuer's 2015 Stock 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 May 10, 2025 of the time-based restricted stock units ("RSUs") previously granted to the Reporting Person on January 24, 2024 pursuant to the Issuer's 2015 Stock 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 May 10, 2025 of the RSUs previously granted to the Reporting Person on January 24, 2023 pursuant to the Issuer's 2015 Stock 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 May 10, 2025 of the RSUs previously granted to the Reporting Person on March 1, 2023 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 May 10, 2025 of the RSUs previously granted to the Reporting Person on December 13, 2021 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 May 10, 2025 of the RSUs previously granted to the Reporting Person on April 13, 2020 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 May 10, 2025 of the RSUs previously granted to the Reporting Person on January 29, 2025 pursuant to the Issuer's 2025 Omnibus Plan.