AppFolio CEO William Trigg Sells 2,057 Shares

Key Points The sale was valued at approximately $421,685. This transaction represents a 3% reduction in the insider's total direct equity holdings. Following the sale, Trigg maintains a direct position of 70,772 shares. 10 stocks we like better than AppFolio › William Shane Trigg, Chief Executive Officer of AppFolio (NASDAQ:APPF) , sold 2,057 shares of Class A common stock on Aug. 14, 2026, according to an SEC Form 4 filing . Transaction summary Metric Value Transaction value $421,685 Post-transaction value $14.4 million Shares sold (directly held) 2,057 Post-transaction shares (directly held) 70,772 Transaction value based on SEC Form 4 weighted average sale price ($205); post-transaction value based on Aug. 14, 2026, market close ($204.21). Company snapshot Financials: The company reported trailing-twelve-month revenue of $1 billion and net income of $157.5 million. Market Position: AppFolio maintains a market capitalization of $7.5 billion and employs 1,702 full-time staff as of the latest reporting. AppFolio, together with its subsidiaries, provides a cloud-based platform for the real estate industry in the United States. The cloud-based platform assists with accounting, reporting, marketing, leasing, maintenance, workflow automation, and communication services. Key questions Was this a discretionary decision to reduce exposure? The transaction was executed under a Rule 10b5-1 trading plan adopted in August 2025, indicating that the timing and volume of the sale were determined well in advance of the execution date. How significant is the CEO's remaining stake? Trigg continues to hold 70,772 shares directly, which accounts for the vast majority of his reported beneficial ownership in the company. What is the current equity performance context? The sale occurred while the stock was priced at $205, and the company recorded a 23% one-year total loss as of the Aug. 14, 2026, transaction date. Company Overview Metric Value Share Price (as of market close 2026-08-14) $204.21 Market Capitalization $7.5 billion Revenue (TTM) $1 billion Net Income (TTM) $157.5 million Company Snapshot AppFolio provides cloud-based software platforms designed specifically for the real estate industry , offering integrated solutions for property management, accounting, reporting, marketing, leasing, maintenance, workflow automation, and communication services. The company generates revenue through subscription-based software-as-a-service (SaaS) offerings, delivering recurring revenue streams from property management firms that rely on its cloud platforms for operational efficiency and business management. AppFolio primarily serves small to mid-sized property management companies in the United States, positioning itself as a critical operational platform for real estate professionals managing residential and commercial properties. AppFolio is a leading cloud-based software provider to the real estate industry, with a market capitalization of $7.5 billion and TTM revenue of $1 billion. The company has established a strong competitive position through its integrated platform approach, which consolidates multiple operational functions into a single system of record for property managers. With 1,702 employees and a focus on recurring subscription revenue, AppFolio demonstrates the scalability and profitability typical of mature SaaS businesses, as evidenced by its TTM net income of $157.5 million. What this transaction means for investors As of this writing, over the past 12 months, the AppFolio stock price has struggled. It's down 24.7%, while the S&P 500 is up 19% over the same period. That's why, when hearing that an executive is selling shares, shareholders may start to hear alarm bells. But given the context of the sale, despite the declining stock price, this still is a routine sale rather than something shareholders should be overly worried about. For example, this was already part of an established trading plan from August 2025, and although Trigg sold 2,057 shares, he still holds 70,772 shares. That demonstrates continued alignment with the company's future success. Speaking of that future success, investors seem to be skittish about software stocks like AppFolio because of the rise of artificial intelligence (AI). The fear is that AI can just replicate the functions software companies offer, cutting into their businesses. Some of that may be reflected in analyst price targets. While 91% of the 12 analysts who cover the stock rate it as a buy, the median one-year price target from that group is just $232.50. From a price of $214.28, that reflects a potential gain of just 8.5%. Should you buy stock in AppFolio right now? Before you buy stock in AppFolio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AppFolio wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,997 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,413,876 !* Now, it’s worth noting Stock Advisor’s total average return is 978 % — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of September 5, 2026. Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AppFolio. The Motley Fool has a disclosure policy .

This transaction represents a 3% reduction in the insider's total direct equity holdings.

Following the sale, Trigg maintains a direct position of 70,772 shares.

William Shane Trigg, Chief Executive Officer of AppFolio (NASDAQ:APPF) , sold 2,057 shares of Class A common stock on Aug. 14, 2026, according to an SEC Form 4 filing .

Transaction value based on SEC Form 4 weighted average sale price ($205); post-transaction value based on Aug. 14, 2026, market close ($204.21).

AppFolio, together with its subsidiaries, provides a cloud-based platform for the real estate industry in the United States. The cloud-based platform assists with accounting, reporting, marketing, leasing, maintenance, workflow automation, and communication services.

AppFolio is a leading cloud-based software provider to the real estate industry, with a market capitalization of $7.5 billion and TTM revenue of $1 billion. The company has established a strong competitive position through its integrated platform approach, which consolidates multiple operational functions into a single system of record for property managers. With 1,702 employees and a focus on recurring subscription revenue, AppFolio demonstrates the scalability and profitability typical of mature SaaS businesses, as evidenced by its TTM net income of $157.5 million.

As of this writing, over the past 12 months, the AppFolio stock price has struggled. It's down 24.7%, while the S&P 500 is up 19% over the same period. That's why, when hearing that an executive is selling shares, shareholders may start to hear alarm bells. But given the context of the sale, despite the declining stock price, this still is a routine sale rather than something shareholders should be overly worried about. For example, this was already part of an established trading plan from August 2025, and although Trigg sold 2,057 shares, he still holds 70,772 shares. That demonstrates continued alignment with the company's future success.