Timothy K. Bliss - 05 Jun 2025 Form 4 Insider Report for APPFOLIO INC (APPF)

Reporting relationship: Director
Issuer ticker: APPF
Reported as of: 05 Jun 2025
Net transaction value: +$4,778,054
SEC form: 4
Accepted by SEC: 09 Jun 2025, 21:31:29 UTC
Prior SEC filing: 13 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ Timothy K. Bliss

Key filing fact

Timothy K. Bliss filed Form 4 for APPFOLIO INC (APPF) on 09 Jun 2025.

Key facts

This page summarizes Timothy K. Bliss's Form 4 filing for APPFOLIO INC (APPF).
9 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 09 Jun 2025, 21:31.

Change

Previous filing in this sequence was filed on 13 Jun 2024.
Current net transaction value: +$4,778,054.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0000938332 Primary reporting owner

BLISS TIMOTHY K

Relationship: Director
Address: C/O PARTNERS FUND, 1485 E. VALLEY ROAD SUITE F, SANTA BARBARA
Signature: /s/ Timothy K. Bliss
Signature date: 09 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APPF transaction

Class A Common Stock

Purchase

Transaction value: $669,662
Shares: +3,100
Change %
Price: $216.02
Shares after: 3,100
Date: 05 Jun 2025
Ownership: Direct
Footnotes: F1

APPF transaction

Class A Common Stock

Purchase

Transaction value: $957,968
Shares: +4,400
Change %: +142%
Price: $217.72
Shares after: 7,500
Date: 05 Jun 2025
Ownership: Direct
Footnotes: F2

APPF transaction

Class A Common Stock

Purchase

Transaction value: $385,136
Shares: +1,789
Change %: +24%
Price: $215.28
Shares after: 9,289
Date: 06 Jun 2025
Ownership: Direct
Footnotes: F3

APPF transaction

Class A Common Stock

Purchase

Transaction value: $241,514
Shares: +1,116
Change %: +12%
Price: $216.41
Shares after: 10,405
Date: 06 Jun 2025
Ownership: Direct
Footnotes: F4

APPF transaction

Class A Common Stock

Purchase

Transaction value: $960,024
Shares: +4,420
Change %: +42%
Price: $217.20
Shares after: 14,825
Date: 06 Jun 2025
Ownership: Direct
Footnotes: F5

APPF transaction

Class A Common Stock

Purchase

Transaction value: $38,127
Shares: +175
Change %: +1.2%
Price: $217.87
Shares after: 15,000
Date: 06 Jun 2025
Ownership: Direct

APPF transaction

Class A Common Stock

Purchase

Transaction value: $440,983
Shares: +2,029
Change %: +14%
Price: $217.34
Shares after: 17,029
Date: 09 Jun 2025
Ownership: Direct
Footnotes: F6

APPF transaction

Class A Common Stock

Purchase

Transaction value: $953,621
Shares: +4,372
Change %: +26%
Price: $218.12
Shares after: 21,401
Date: 09 Jun 2025
Ownership: Direct
Footnotes: F7

APPF transaction

Class A Common Stock

Purchase

Transaction value: $131,019
Shares: +599
Change %: +2.8%
Price: $218.73
Shares after: 22,000
Date: 09 Jun 2025
Ownership: Direct
Footnotes: F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

APPF holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 417,290
Date: 05 Jun 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount
Exercise price: $0.000000
Footnotes: F9, F10

APPF holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 446,000
Date: 05 Jun 2025
Ownership: By Family Trust
Underlying class: Class A Common Stock
Underlying amount
Exercise price: $0.000000
Footnotes: F9, F10

APPF holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 40,000
Date: 05 Jun 2025
Ownership: See footnote.
Underlying class: Class A Common Stock
Underlying amount
Exercise price: $0.000000
Footnotes: F9, F10, F11

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 11 footnotes

Footnote F1

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $215.66 to $216.33, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F2

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $217.02 to $218.02, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F3

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $214.67 to $215.60, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F4

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $215.70 to $216.69, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F5

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $216.70 to $217.68, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F6

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $216.54 to $217.53, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F7

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $217.55 to $218.53, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F8

This price reflects the weighted average price at which these shares were purchased. The shares were purchased in multiple transactions at prices ranging from $218.64 to $218.87, inclusive. The Reporting Person undertakes 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 purchased at each separate price within the range set forth in this footnote.

Footnote F9

Each share of the Issuer's Class B Common Stock ("Class B Share") is convertible, at any time at the option of the holder, into one share of the Issuer's Class A Common Stock ("Class A Share"). In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one-for-one basis, into Class A Shares, except for (i) any transfer by a partnership or limited liability company that was a registered holder of Class B Shares prior to June 30, 2015 that is made to anyone who was a partner or member of any such partnership or limited liability company prior to June 30, 2015, and (ii) any transfer to a "qualified recipient" (as defined in the Issuer's Amended and Restated Certificate of Incorporation).

Footnote F10

(Continued from Footnote 10) The Issuer's Class B Shares do not have an expiration date. However, all of the outstanding Class B Shares will convert automatically into Class A Shares, on a one-for-one basis, on the date when the number of the Issuer's outstanding Class B Shares represents less than 10% of the sum of its outstanding Class A Shares and Class B Shares.

Footnote F11

These Class B Shares are held in two limited partnerships, of which the Report Person acts as manager. The Reporting Person maintains sole voting and dispositive power over these Class B Shares. The Reporting Person disclaims any beneficial ownership over these shares except to the extent of his pecuniary interest therein.