Timothy Mathias Eaton - 10 Feb 2026 Form 4 Insider Report for APPFOLIO INC (APPF)

Role: Chief Financial Officer
Signature: /s/ Evan Pickering, as Attorney-in-Fact, for Timothy Mathias Eaton
Issuer symbol: APPF
Transactions as of: 10 Feb 2026
Net transactions value: +$1,150,890
Form type: 4
Filing time: 12 Feb 2026, 19:10:19 UTC
Previous filing: 29 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Eaton Timothy Mathias	Chief Financial Officer	70 CASTILIAN DRIVE, SANTA BARBARA	/s/ Evan Pickering, as Attorney-in-Fact, for Timothy Mathias Eaton	12 Feb 2026	0002043379

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPF	Class A Common Stock	Award	$1,396,244	+7,415	+48%	$188.30	22,873	10 Feb 2026	Direct	F1
transaction	APPF	Class A Common Stock	Tax liability	$174,366	-926	-4%	$188.30	21,947	10 Feb 2026	Direct	F2
transaction	APPF	Class A Common Stock	Tax liability	$21,278	-113	-0.51%	$188.30	21,834	10 Feb 2026	Direct	F3
transaction	APPF	Class A Common Stock	Tax liability	$16,570	-88	-0.4%	$188.30	21,746	10 Feb 2026	Direct	F4
transaction	APPF	Class A Common Stock	Tax liability	$3,766	-20	-0.09%	$188.30	21,726	10 Feb 2026	Direct	F5
transaction	APPF	Class A Common Stock	Tax liability	$5,461	-29	-0.13%	$188.30	21,697	10 Feb 2026	Direct	F6
transaction	APPF	Class A Common Stock	Tax liability	$4,708	-25	-0.12%	$188.30	21,672	10 Feb 2026	Direct	F7
transaction	APPF	Class A Common Stock	Tax liability	$9,980	-53	-0.24%	$188.30	21,619	10 Feb 2026	Direct	F8
transaction	APPF	Class A Common Stock	Tax liability	$9,227	-49	-0.23%	$188.30	21,570	10 Feb 2026	Direct	F9

* 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 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.