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Appian CEO Matthew Calkins sells $1.69m in company stock

Appian CEO Matthew Calkins sells $1.69m in company stock

Appian CEO Matthew Calkins sold $1.69 million worth of company stock on October 7, 2026, through a pre-arranged Rule 10b5-1 trading plan, according to Investing.com. The CEO executed the sales in multiple transactions at prices ranging from $36.72 to $38.19 per share, with 32,600 shares sold at an average price of $37.32 and 12,400 shares sold at an average price of $37.97.

Following these transactions, Mr. Calkins still directly holds 1,584,144 shares of Appian Corp Class A Common Stock. Despite selling a significant portion of his shares, Appian reported stronger-than-expected second-quarter results, with adjusted earnings of $0.13 per share and a 19% increase in revenue to $203.3 million. The company's performance was driven by a 23% rise in cloud subscription revenue and a 98% surge in stock price over the past six months.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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