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[Form 3] AppFolio, Inc. Initial Statement of Beneficial Ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3
Rhea-AI Filing Summary

AppFolio's Form 3 reports that the newly disclosed Principal Accounting Officer directly beneficially owns 2,744 Class A Common shares. The filing states these shares represent a grant of time-based restricted stock units under the Issuer's 2025 Omnibus Incentive Plan that vest over four years, with 1/16th of the RSUs vesting quarterly beginning May 10, 2026.

The statement was submitted using the issuer's codes for filing purposes and notes an amendment will be filed once the reporting officer's CIK filer codes are available.

Il Modulo 3 di AppFolio indica che il nuovo Principal Accounting Officer possiede direttamente e a titolo beneficiario 2,744 azioni ordinarie di Classe A. Il documento specifica che queste azioni rappresentano una concessione di unità azionarie vincolate basate sul tempo (RSU) nell'ambito del Piano Omnibus di Incentivi 2025 dell'Emittente, che maturano nell'arco di quattro anni, con un sedicesimo delle RSU che maturano trimestralmente a partire dal 10 maggio 2026.

La dichiarazione è stata presentata utilizzando i codici dell'emittente per scopi di deposito e segnala che sarà presentata una modifica non appena saranno disponibili i codici CIK del dichiarante.

El Formulario 3 de AppFolio informa que el Principal Accounting Officer recientemente divulgado posee directa y beneficiariamente 2,744 acciones ordinarias Clase A. El documento indica que estas acciones corresponden a una concesión de unidades restringidas de acciones basadas en tiempo (RSU) bajo el Plan Omnibus de Incentivos 2025 del Emisor, que se consolidan a lo largo de cuatro años, con 1/16 de las RSU que se consolidan trimestralmente a partir del 10 de mayo de 2026.

La declaración se presentó utilizando los códigos del emisor para fines de presentación y señala que se presentará una enmienda cuando estén disponibles los códigos CIK del informante.

AppFolioì� Form 3ëŠ� 새로 공시ë� Principal Accounting Officerê°€ ì§ì ‘ì ìœ¼ë¡� 실질ì � 소유ìžë¡œì„� 2,744ì£¼ì˜ í´ëž˜ìŠ� A 보통주를 보유하고 있다ê³� 보고합니ë‹�. 제출서류ëŠ� ì� 주ì‹ë“¤ì´ 발행회사ì� 2025ë…� ì´ê´„ ì¸ì„¼í‹°ë¸Œ 플랜ì—� 따른 기간 기반 제한주ì‹ë‹¨ìœ„(RSU)ë¡� ë¶€ì—¬ëœ ê²ƒì´ë©�, 4ë…„ì— ê±¸ì³ ë² ìŠ¤íŒ…ë˜ë©� 16ë¶„ì˜ 1ì� RSUê°€ 2026ë…� 5ì›� 10ì¼ë¶€í„� 분기별로 베스팅ëœë‹¤ê³  명시하고 있습니다.

ì� ì§„ìˆ ì€ ì œì¶œ 목ì ìœ¼ë¡œ 발행회사ì� 코드ë¥� 사용í•� 제출ë˜ì—ˆìœ¼ë©°, ë³´ê³  담당ìžì˜ CIK 필러 코드가 확보ë˜ëŠ” 대ë¡� 수정서가 제출ë� 것ì´ë¼ê³  ë§ë¶™ì˜€ìŠµë‹ˆë‹�.

Le formulaire 3 d'AppFolio indique que le Principal Accounting Officer récemment divulgué possède directement à titre bénéficiaire 2,744 actions ordinaires de catégorie A. Le dépôt précise que ces actions correspondent à une attribution d'unités d'actions restreintes liées au temps (RSU) dans le cadre du Plan Omnibus d'Incentives 2025 de l'Émetteur, qui s'acquièrent sur quatre ans, avec 1/16 des RSU qui deviennent acquises trimestriellement à partir du 10 mai 2026.

La déclaration a été soumise en utilisant les codes de l'émetteur pour les besoins du dépôt et indique qu'un amendement sera déposé une fois que les codes CIK du déclarant seront disponibles.

Das Formular 3 von AppFolio berichtet, dass der neu offengelegte Principal Accounting Officer unmittelbar wirtschaftlich berechtigt 2,744 Class‑A‑Stammaktien besitzt. Die Meldung gibt an, dass diese Aktien eine Gewährung zeitabhängiger Restricted Stock Units (RSU) im Rahmen des Omnibus Incentive Plan 2025 des Emittenten darstellen, die über vier Jahre vesten, wobei 1/16 der RSU vierteljährlich ab dem 10. Mai 2026 vesten.

Die Erklärung wurde für Einreichungszwecke mit den Codes des Emittenten eingereicht und weist darauf hin, dass eine Änderung eingereicht wird, sobald die CIK‑Filer‑Codes des meldenden Verantwortlichen verfügbar sind.

Positive
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Negative
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Insights

TL;DR: Routine insider disclosure of an executive equity grant; small direct holding and a standard multi‑year vesting schedule.

The Form 3 documents a direct beneficial ownership of 2,744 Class A shares linked to time‑based RSUs under the 2025 Omnibus Incentive Plan. The RSUs vest over four years with 1/16th vesting quarterly beginning May 10, 2026. This filing appears to be an administrative initial statement for a newly appointed Principal Accounting Officer and the company notes an amendment will follow to reflect the officer's CIK filer codes. From a governance perspective, the disclosure is standard and does not, on its face, indicate material governance or control changes.

TL;DR: Compensation grant recorded as RSUs with a four‑year, quarterly vesting schedule—typical design to retain and incentivize an executive.

The reported holding represents a time‑based equity award rather than an immediate cash or stock transfer. The structure—vesting over four years with quarterly vesting at 1/16th—is a common retention mechanism. The absolute size of the grant (2,744 shares) is disclosed, and no cash exercise price or derivative conversion terms are listed in the filing. The company plans to amend the filing to include the executive's CIK once available.

Il Modulo 3 di AppFolio indica che il nuovo Principal Accounting Officer possiede direttamente e a titolo beneficiario 2,744 azioni ordinarie di Classe A. Il documento specifica che queste azioni rappresentano una concessione di unità azionarie vincolate basate sul tempo (RSU) nell'ambito del Piano Omnibus di Incentivi 2025 dell'Emittente, che maturano nell'arco di quattro anni, con un sedicesimo delle RSU che maturano trimestralmente a partire dal 10 maggio 2026.

La dichiarazione è stata presentata utilizzando i codici dell'emittente per scopi di deposito e segnala che sarà presentata una modifica non appena saranno disponibili i codici CIK del dichiarante.

El Formulario 3 de AppFolio informa que el Principal Accounting Officer recientemente divulgado posee directa y beneficiariamente 2,744 acciones ordinarias Clase A. El documento indica que estas acciones corresponden a una concesión de unidades restringidas de acciones basadas en tiempo (RSU) bajo el Plan Omnibus de Incentivos 2025 del Emisor, que se consolidan a lo largo de cuatro años, con 1/16 de las RSU que se consolidan trimestralmente a partir del 10 de mayo de 2026.

La declaración se presentó utilizando los códigos del emisor para fines de presentación y señala que se presentará una enmienda cuando estén disponibles los códigos CIK del informante.

AppFolioì� Form 3ëŠ� 새로 공시ë� Principal Accounting Officerê°€ ì§ì ‘ì ìœ¼ë¡� 실질ì � 소유ìžë¡œì„� 2,744ì£¼ì˜ í´ëž˜ìŠ� A 보통주를 보유하고 있다ê³� 보고합니ë‹�. 제출서류ëŠ� ì� 주ì‹ë“¤ì´ 발행회사ì� 2025ë…� ì´ê´„ ì¸ì„¼í‹°ë¸Œ 플랜ì—� 따른 기간 기반 제한주ì‹ë‹¨ìœ„(RSU)ë¡� ë¶€ì—¬ëœ ê²ƒì´ë©�, 4ë…„ì— ê±¸ì³ ë² ìŠ¤íŒ…ë˜ë©� 16ë¶„ì˜ 1ì� RSUê°€ 2026ë…� 5ì›� 10ì¼ë¶€í„� 분기별로 베스팅ëœë‹¤ê³  명시하고 있습니다.

ì� ì§„ìˆ ì€ ì œì¶œ 목ì ìœ¼ë¡œ 발행회사ì� 코드ë¥� 사용í•� 제출ë˜ì—ˆìœ¼ë©°, ë³´ê³  담당ìžì˜ CIK 필러 코드가 확보ë˜ëŠ” 대ë¡� 수정서가 제출ë� 것ì´ë¼ê³  ë§ë¶™ì˜€ìŠµë‹ˆë‹�.

Le formulaire 3 d'AppFolio indique que le Principal Accounting Officer récemment divulgué possède directement à titre bénéficiaire 2,744 actions ordinaires de catégorie A. Le dépôt précise que ces actions correspondent à une attribution d'unités d'actions restreintes liées au temps (RSU) dans le cadre du Plan Omnibus d'Incentives 2025 de l'Émetteur, qui s'acquièrent sur quatre ans, avec 1/16 des RSU qui deviennent acquises trimestriellement à partir du 10 mai 2026.

La déclaration a été soumise en utilisant les codes de l'émetteur pour les besoins du dépôt et indique qu'un amendement sera déposé une fois que les codes CIK du déclarant seront disponibles.

Das Formular 3 von AppFolio berichtet, dass der neu offengelegte Principal Accounting Officer unmittelbar wirtschaftlich berechtigt 2,744 Class‑A‑Stammaktien besitzt. Die Meldung gibt an, dass diese Aktien eine Gewährung zeitabhängiger Restricted Stock Units (RSU) im Rahmen des Omnibus Incentive Plan 2025 des Emittenten darstellen, die über vier Jahre vesten, wobei 1/16 der RSU vierteljährlich ab dem 10. Mai 2026 vesten.

Die Erklärung wurde für Einreichungszwecke mit den Codes des Emittenten eingereicht und weist darauf hin, dass eine Änderung eingereicht wird, sobald die CIK‑Filer‑Codes des meldenden Verantwortlichen verfügbar sind.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
APPFOLIO INC

(Last) (First) (Middle)
70 CASTILIAN DR

(Street)
SANTA BARBARA CA 93117

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/08/2025
3. Issuer Name and Ticker or Trading Symbol
APPFOLIO INC [ APPF ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Principal Accounting Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 2,744(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of time-based restricted stock units ("RSUs") granted pursuant to the Issuer's 2025 Omnibus Incentive Plan. The RSUs vest over four years with 1/16th of the RSUs vesting quarterly beginning May 10, 2026.
Remarks:
This initial holding statement has been made for Don Rigler using the Issuer's CIK codes to satisfy Form 3 filing requirements for newly appointed company Name Executive Officers. An amendment will be filed for Mr. Rigler upon receipt of his CIK filer codes from the SEC.
/s/ Evan Pickering, as Attorney-in-Fact for Don Rigler 08/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AppFolio (APPF) disclose in this Form 3?

The Form 3 discloses that the Principal Accounting Officer directly beneficially owns 2,744 Class A Common shares, representing a grant of time‑based RSUs under the 2025 Omnibus Incentive Plan.

Who is the reporting person named in the filing for APPF?

The filing was made for Don Rigler as the Principal Accounting Officer; it was submitted using the issuer's CIK codes with a note that an amendment will be filed once Mr. Rigler's CIK filer codes are available.

How do the RSUs vest according to the Form 3?

The RSUs vest over four years with 1/16th of the RSUs vesting quarterly, beginning on May 10, 2026.

Are these shares direct ownership or part of a derivative?

The Form 3 lists 2,744 Class A Common Stock as directly beneficially owned (listed under Table I as Direct). The explanation states they represent time‑based RSUs granted under the company's plan.

Will AppFolio amend this filing?

Yes. The filing states an amendment will be filed for Mr. Rigler upon receipt of his CIK filer codes from the SEC.
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10.27B
21.73M
4.71%
90.76%
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Software - Application
Services-prepackaged Software
United States
SANTA BARBARA