Latest Current Report
Filed: 2026-04-10
Key Insights
- AppFolio has entered into a new employment agreement with its President and CEO Shane Trigg, which provides him with a significant compensation package including a $5 million RSU award and up to $4.5 million in performance-based equity compensation.
- The agreement includes severance benefits for Trigg, including 18-24 months of salary continuation and accelerated vesting of equity awards, depending on the circumstances of his termination.
- The new agreement is likely aimed at retaining Trigg's leadership and aligning his incentives with long-term shareholder value creation.