---
schema_version: "secwatch.filing_event.v1"
accession: "0001433195-26-000016"
form_type: "8-K"
ticker: "APPF"
cik: "0001433195"
company_name: "APPFOLIO INC"
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:39:56.964857+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AppFolio enters new CEO employment agreement with Shane Trigg through 2030

## Summary
- Base salary increased to $570,000; target annual bonus remains 100% of base.
- 2026 equity: $5M RSU and $4.479M PSU grants; annual $5M RSU plus formula-based PSU for 2027–2030.
- Severance: 18 months base salary/COBRA for non-cause termination; 24 months base plus 2x bonus upon Corporate Transaction.
- Agreement effective April 9, 2026; supersedes prior March 2023 employment agreement.
- Provides full vesting of equity awards upon death/disability; accelerated vesting for qualifying termination.

## SEC filing metadata
- accession: 0001433195-26-000016
- form_type: 8-K
- ticker: APPF
- cik: 0001433195
- company_name: APPFOLIO INC
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433195/000143319526000016/0001433195-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433195/000143319526000016/appf-20260409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433195-26-000016
- JSON: https://secwatch.observer/filing/0001433195-26-000016.json
- Plain text: https://secwatch.observer/filing/0001433195-26-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.