Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-30

Appfolio Inc (APPF)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,438,904
Shane Trigg total, FY2025
CEO pay percentile vs peers
29:1
CEO-to-median pay ratio
99.57%
Say-on-pay support, latest vote
Companies that benchmark against APPF
45 companies name APPF as a compensation peer

Each company listed discloses APPF in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named APPF in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Shane Trigg$550,000$0$4,000,307$0$814,000$0$74,597$5,438,904
President and Chief Executive Officer
Tim Eaton339,45071,2503,350,2510355,200021,3194,137,470
Chief Financial Officer
Elizabeth Barat401,80002,000,4050359,640036,7322,798,577
Chief People Officer
Matt Mazza361,47901,800,415000564,7542,726,648
Former Chief Trust Officer
Evan Pickering345,5860750,1520259,002026,8101,381,550
Senior Vice President, General Counsel and Corporate Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Shane Trigg$5,438,904$5,018,965$17,746,877+419,939
Tim Eaton4,137,470965,701+3,171,769
Elizabeth Barat2,798,577
Matt Mazza2,726,6482,301,9532,221,816+424,695
Evan Pickering1,381,550

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Tim EatonChief Financial Officer2026-05-10D315$167$52,476CommonForm 4 ↗
Tim EatonChief Financial Officer2026-05-10D12516720,824CommonForm 4 ↗
Tim EatonChief Financial Officer2026-05-10D17116728,487CommonForm 4 ↗
Shane TriggDirector2026-05-10D37816762,971CommonForm 4 ↗
Shane TriggDirector2026-05-10D22016736,650CommonForm 4 ↗
Tim EatonChief Financial Officer2026-05-10D351675,831CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-05-10D271674,498CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D1,978158312,761CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D8516714,160CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D8816714,660CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D11016718,325CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D14616724,322CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D10216716,992CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D14216723,656CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D30116750,144CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-05-10D8016713,327CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-05-10D551679,162CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-05-10D6416710,662CommonForm 4 ↗
Don RiglerPrincipal Accounting Officer2026-05-10D24716741,148CommonForm 4 ↗
Shane TriggDirector2026-05-10D59916799,787CommonForm 4 ↗
Shane TriggDirector2026-05-10D796167132,606CommonForm 4 ↗
Tim EatonChief Financial Officer2026-05-10D16016726,654CommonForm 4 ↗
Tim EatonChief Financial Officer2026-05-10D271674,498CommonForm 4 ↗
Tim EatonChief Financial Officer2026-05-10D411676,830CommonForm 4 ↗
Tim EatonChief Financial Officer2026-05-10D7516712,494CommonForm 4 ↗
Elizabeth BaratChief People Officer2026-05-10D27016744,979CommonForm 4 ↗
Shane TriggDirector2026-05-10D985167164,091CommonForm 4 ↗
Shane TriggDirector2026-05-10D20316733,818CommonForm 4 ↗
Shane TriggDirector2026-05-10D53816789,625CommonForm 4 ↗
Don RiglerPrincipal Accounting Officer2026-05-10D451677,497CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-05-10D391676,497CommonForm 4 ↗
Shane TriggDirector2026-05-15D1,436152217,812CommonForm 4 ↗
Shane TriggDirector2026-05-15D1,486153226,912CommonForm 4 ↗
Shane TriggDirector2026-05-15D662154101,849CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-06-12D16015324,541CommonForm 4 ↗
Don RiglerPrincipal Accounting Officer2026-06-12D15016023,934CommonForm 4 ↗
Tim EatonChief Financial Officer2026-06-12D20015731,482CommonForm 4 ↗
Tim EatonChief Financial Officer2026-06-12D20015631,270CommonForm 4 ↗
Tim EatonChief Financial Officer2026-06-12D20015530,932CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-06-12D20015731,374CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-06-12D10115615,750CommonForm 4 ↗
Tim EatonChief Financial Officer2026-06-12D30016248,549CommonForm 4 ↗
Tim EatonChief Financial Officer2026-06-12D1,685161271,555CommonForm 4 ↗
Evan PickeringGeneral Counsel2026-06-12D19915530,797CommonForm 4 ↗
Scanlan Agnes BundyDirector2026-06-29A1,25500CommonForm 4 ↗
Olivia NottebohmDirector2026-06-29A1,25500CommonForm 4 ↗
APPFOLIO INCDirector2026-06-29A64900CommonForm 4 ↗
APPFOLIO INCDirector2026-06-29A1,56800CommonForm 4 ↗
APPFOLIO INCDirector2026-06-29A64900CommonForm 4 ↗
Saori CaseyDirector2026-06-29A1,11000CommonForm 4 ↗
Winifred WebbDirector2026-06-29A1,25500CommonForm 4 ↗
APPFOLIO INCDirector2026-06-29A1,56800CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-07D3,500180631,330CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-07D1,600180288,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-07D5,6001801,010,296CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-10D10018018,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-10D1,600180288,240CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-10D10018018,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-10D10018018,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-10D3,500180630,525CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-10D5,6001801,008,840CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D2,400182436,680CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D3,200180577,088CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D3,128180564,041CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D10218018,363CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D36018064,811CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D37218167,481CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D1,600180288,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-15D22518040,507CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D20018036,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D1,773181321,658CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D1,219181221,017CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D2,564183468,366CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D1,600180288,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D40018373,272CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D863181155,892CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D1,600180288,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D50018391,650CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D1,033183188,708CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D20018036,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-17D748181135,081CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D1,200188225,216CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D17818032,063CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D900186167,445CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D10518119,046CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D900184165,600CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D1,600180288,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D900181162,873CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D20018336,634CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D40018473,792CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D800186148,832CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D23018141,720CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D624180112,401CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D20018336,634CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D36518166,207CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D31918258,166CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D9118216,593CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D19918236,286CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D38918070,071CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D900188169,407CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D30018455,341CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D900181162,963CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D1,800183330,120CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D1,000182181,540CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D1,900181343,121CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D1,600180288,000CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D992181180,038CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D2,400188450,336CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D1,900181343,216CommonForm 4 ↗
Maurice J. DucaGreater-than-10% holder2026-07-28D608183111,246CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Evan PickeringPSU2025-01-291,7893,060$450,041
Matt MazzaPSU2025-01-294,2947,3431,080,199
Elizabeth BaratPSU2025-01-294,7718,1591,200,193
Evan PickeringRSU2025-01-281,193300,111
Fay Sien GoonRSU2024-01-243,4445,855600,048
Fay Sien GoonRSU2024-01-232,296400,124
Matt MazzaRSU2025-01-282,863720,216
Tim EatonRSU2025-07-305,0101,250,095
Elizabeth BaratRSU2025-01-283,181800,212
Shane TriggPSU2025-01-299,54116,3162,400,134
Shane TriggRSU2025-01-296,3611,600,173
Tim EatonRSU2025-03-053,913850,060
Tim EatonPSU2025-07-305,0108,5681,250,095
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Evan Pickering$300,111$450,041$060.0%
Matt Mazza720,2161,080,199060.0%
Elizabeth Barat800,2121,200,193060.0%
Fay Sien Goon1,000,172000.0%
Tim Eaton2,100,1551,250,095037.3%
Shane Trigg1,600,1732,400,134060.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Elizabeth BaratRSU2,582$600,702
Shane TriggRSU5,1681,202,335
Tim EatonRSU3,179739,594
Tim EatonRSU473110,043
Shane TriggRSU14,1213,285,251
Tim EatonRSU7,4151,725,100
Shane TriggRSU5,2931,231,416
Tim EatonRSU4,3831,019,705
Shane TriggRSU3,874901,286
Shane TriggRSU3,365782,867
Evan PickeringRSU2,648616,057
Elizabeth BaratRSU2,646615,592
Elizabeth BaratRSU2,585601,400
Elizabeth BaratRSU1,937450,643
Evan PickeringRSU957222,646
Evan PickeringRSU880204,732
Elizabeth BaratRSU860200,079
Elizabeth BaratRSU838194,961
Tim EatonRSU734170,765
Tim EatonRSU718167,043
Shane TriggRSU467108,648
Evan PickeringRSU16337,922
Tim EatonRSU13631,640
Elizabeth BaratRSU36083,754
Evan PickeringRSU969225,438
Shane TriggOption80,000129.74
Elizabeth BaratRSU7,0621,642,974
Shane TriggRSU7,8211,819,556
Shane TriggRSU3,707862,434
Tim EatonRSU481111,905
05

Incentive-plan design — the Compensation Discussion & Analysis

Our Executive Compensation Program is designed to align executive incentives with the successful execution of our strategy and long-term interests of our stockholders, while attracting, motivating, and retaining highly qualified executives. A significant portion of executive compensation is performance-based and delivered through variable and equity-based awards tied to company performance and long-term value creation.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-12130,615,480546,02218,34699.57%Passed
20252025-06-13142,131,730513,95811,02999.63%Passed
20242024-06-14148,843,7755,624,827096.36%Passed
20232023-06-16159,243,7513,799,585097.67%Passed
20222022-06-10159,111,4403,743,923097.7%Passed
20212021-05-14167,014,5292,843,058098.33%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1299.57%a
20252025-06-1399.63%b
20242024-06-1496.36%c

a. Approved under the standard stated in the filing — “Because the outcome of Proposals 2 and 3 will be determined by the affirmative vote of a majority of the combined voting power of the outstanding shares of our Class A Common Stock and Class B Common Stock present virtually or represented by proxy and entitled to vote on the proposal at the Annual Meeting, abstentions will be counted as a vote against Proposals 2 and 3.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against the proposal.”.

c. Approved under the standard stated in the filing — “Because the outcome of Proposals 2, 3, 4, and 5 will be determined by the affirmative vote of a majority of the combined voting power of the outstanding shares of our Class A Common Stock and Class B Common Stock present virtually or represented by proxy and entitled to vote on the proposal at the Annual Meeting, abstentions will be counted as a vote against Proposals 2, 3, 4, and 5.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)29 : 1
CEO total compensation$5,438,904
Median employee compensation$189,867
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert Donald Casey IIIIndependent · Not standing for re-election · Departed during FY$0$381,919$0$0$381,919
Andreas von BlottnitzIndependent · Board Chair · Audit · Compensation (Chair)110,000149,88300259,883
Janet KerrIndependent · Compensation · Nominating and Corporate Governance (Chair) · Risk and Compliance Oversight110,000149,88300259,883
Agnes Bundy ScanlanIndependent · Audit · Nominating and Corporate Governance · Risk and Compliance Oversight (Chair)103,049149,88300252,932
Winifred WebbIndependent · Audit (Chair) · Nominating and Corporate Governance100,000149,88300249,883
Olivia NottebohmIndependent · Compensation · Risk and Compliance Oversight53,049149,88300202,932
Timothy BlissIndependent · Not standing for re-election · Departed during FY00000
Saori CaseyIndependent · Partial-year service · Newly elected00000
Shane TriggEmployee director00000
Alex WolfIndependent · Not standing for re-election · Departed during FY00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$150,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)40,000 / 50,000 / 50,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$476,098
Equity awards (grant-date value)$1,131,334
All other compensation$0
Total cost of the board$1,607,432

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Appfolio Inc2025Shane Trigg$550,000$4,000,307$0$814,000$5,438,904

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Shane TriggDEF 14A2026-04-280001433195-26-000031Section “Summary Compensation Table” · page 37. As printed: 5,438,904. Filing ↗machine: r3 · c51 · span 627702–627711
2Section 01, Tim EatonDEF 14A2026-04-280001433195-26-000031Section “Summary Compensation Table” · page 37. As printed: 4,137,470. Filing ↗machine: r6 · c51 · span 638677–638686
3Section 01, Elizabeth BaratDEF 14A2026-04-280001433195-26-000031Section “Summary Compensation Table” · page 37. As printed: 2,798,577. Filing ↗machine: r8 · c51 · span 646221–646230
4Section 01, Matt MazzaDEF 14A2026-04-280001433195-26-000031Section “Summary Compensation Table” · page 37. As printed: 2,726,648. Filing ↗machine: r10 · c51 · span 654514–654523
5Section 01, Evan PickeringDEF 14A2026-04-280001433195-26-000031Section “Summary Compensation Table” · page 37. As printed: 1,381,550. Filing ↗machine: r9 · c51 · span 650354–650363
6Section 03, Evan Pickering PSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t118 · r6 · c5 · span 560850–560855
7Section 03, Matt Mazza PSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t118 · r7 · c5 · span 562461–562466
8Section 03, Elizabeth Barat PSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t118 · r5 · c5 · span 559656–559661
9Section 03, Evan Pickering RSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t115 · r6 · c5 · span 547010–547015
10Section 03, Fay Sien Goon RSUDEF 14A0001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
11Section 03, Fay Sien Goon RSUDEF 14A0001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Matt Mazza RSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t115 · r7 · c5 · span 548505–548510
13Section 03, Tim Eaton RSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t118 · r4 · c5 · span 558459–558464
14Section 03, Elizabeth Barat RSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t115 · r5 · c5 · span 545895–545900
15Section 03, Shane Trigg PSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t118 · r3 · c5 · span 557099–557104
16Section 03, Shane Trigg RSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t115 · r3 · c5 · span 543539–543544
17Section 03, Tim Eaton RSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t134 · r8 · c20 · span 713106–713111
18Section 03, Tim Eaton PSUDEF 14A2026-04-280001433195-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t118 · r4 · c5 · span 558459–558464
19Section 07, pay ratioDEF 14A2026-04-280001433195-26-000031Section “CEO Pay Ratio”. As printed: 29 : 1. Filing ↗machine: span 1019421–1019425
20Section 08, Robert Donald Casey IIIDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 381,919. Filing ↗machine: t86 · r5 · c6 · span 391325–391332
21Section 08, Andreas von BlottnitzDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 259,883. Filing ↗machine: t86 · r4 · c9 · span 389852–389859
22Section 08, Janet KerrDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 259,883. Filing ↗machine: t86 · r7 · c9 · span 395129–395136
23Section 08, Agnes Bundy ScanlanDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 252,932. Filing ↗machine: t86 · r9 · c9 · span 398554–398561
24Section 08, Winifred WebbDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 249,883. Filing ↗machine: t86 · r11 · c9 · span 401932–401939
25Section 08, Olivia NottebohmDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 202,932. Filing ↗machine: t86 · r8 · c9 · span 396821–396828
26Section 08, Timothy BlissDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 0. Filing ↗
27Section 08, Saori CaseyDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 0. Filing ↗
28Section 08, Shane TriggDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 0. Filing ↗
29Section 08, Alex WolfDEF 14A2026-04-280001433195-26-000031Section “Director Compensation”. As printed: 0. Filing ↗
30Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Shane Trigg 2026-05-10Form 42026-05-120001837400-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Shane Trigg 2026-05-10Form 42026-05-120001837400-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Evan Pickering 2026-05-10Form 42026-05-120002095744-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Evan Pickering 2026-05-10Form 42026-05-120002095744-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Evan Pickering 2026-05-10Form 42026-05-120002095744-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Evan Pickering 2026-05-10Form 42026-05-120002095744-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Don Rigler 2026-05-10Form 42026-05-120002082975-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Shane Trigg 2026-05-10Form 42026-05-120001837400-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Shane Trigg 2026-05-10Form 42026-05-120001837400-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Tim Eaton 2026-05-10Form 42026-05-120002043379-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Elizabeth Barat 2026-05-10Form 42026-05-120002054905-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Shane Trigg 2026-05-10Form 42026-05-120001837400-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Shane Trigg 2026-05-10Form 42026-05-120001837400-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Shane Trigg 2026-05-10Form 42026-05-120001837400-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Don Rigler 2026-05-10Form 42026-05-120002082975-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Evan Pickering 2026-05-10Form 42026-05-120002095744-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Shane Trigg 2026-05-15Form 42026-05-190001837400-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Shane Trigg 2026-05-15Form 42026-05-190001837400-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Shane Trigg 2026-05-15Form 42026-05-190001837400-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Evan Pickering 2026-06-12Form 42026-06-150002095744-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Don Rigler 2026-06-12Form 42026-06-150002082975-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Tim Eaton 2026-06-12Form 42026-06-150002043379-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Tim Eaton 2026-06-12Form 42026-06-150002043379-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Tim Eaton 2026-06-12Form 42026-06-150002043379-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Evan Pickering 2026-06-12Form 42026-06-150002095744-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Evan Pickering 2026-06-12Form 42026-06-150002095744-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Tim Eaton 2026-06-12Form 42026-06-150002043379-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Tim Eaton 2026-06-12Form 42026-06-150002043379-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Evan Pickering 2026-06-12Form 42026-06-150002095744-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Scanlan Agnes Bundy 2026-06-29Form 42026-07-010001433195-26-000052Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Olivia Nottebohm 2026-06-29Form 42026-07-010001801732-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, APPFOLIO INC 2026-06-29Form 42026-07-010001433195-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, APPFOLIO INC 2026-06-29Form 42026-07-010001433195-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, APPFOLIO INC 2026-06-29Form 42026-07-010001433195-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Saori Casey 2026-06-29Form 42026-07-010002007626-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Winifred Webb 2026-06-29Form 42026-07-010001439919-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, APPFOLIO INC 2026-06-29Form 42026-07-010001433195-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Maurice J. Duca 2026-07-07Form 42026-07-090000938333-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Maurice J. Duca 2026-07-07Form 42026-07-090000938333-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Maurice J. Duca 2026-07-07Form 42026-07-090000938333-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Maurice J. Duca 2026-07-10Form 42026-07-140000938333-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Maurice J. Duca 2026-07-10Form 42026-07-140000938333-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Maurice J. Duca 2026-07-10Form 42026-07-140000938333-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Maurice J. Duca 2026-07-10Form 42026-07-140000938333-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Maurice J. Duca 2026-07-10Form 42026-07-140000938333-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Maurice J. Duca 2026-07-10Form 42026-07-140000938333-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Maurice J. Duca 2026-07-15Form 42026-07-170000938333-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, Maurice J. Duca 2026-07-17Form 42026-07-210000938333-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
133Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
134Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
135Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
136Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
137Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
138Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
139Section 02, Maurice J. Duca 2026-07-28Form 42026-07-300000938333-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
140Section 06, 2026 voteForm 8-K2026-06-150001433195-26-000034Item 5.07 · say-on-pay result. As reported: 99.57% (votes for as printed: 130,615,480). Filing ↗
141Section 06, 2025 voteForm 8-K2025-06-170001433195-25-000086Item 5.07 · say-on-pay result. As reported: 99.63% (votes for as printed: 142,131,730). Filing ↗
142Section 06, 2024 voteForm 8-K2024-06-210001433195-24-000076Item 5.07 · say-on-pay result. As reported: 96.36% (votes for as printed: 148,843,775). Filing ↗
143Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
144Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
145Section 09b board cost (computed)ComputedcomputedCash 476,098 + equity 1,131,334 + all other 0 = 1,607,432, summed across the director compensation table rows.machine: formula: Σ = 1,607,432
146Appfolio Inc (subject), Section 10b CEO totalDEF 14A2026-04-280001433195-26-000031CEO total compensation as printed in Appfolio Inc's own proxy. As printed: 5,438,904. Filing ↗machine: r3 · c51 · span 627702–627711