Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-08

Appian Corp (APPN)

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.

$8,885,435
Srdjan Tanjga total, FY2025
Chief Financial Officerhighest-paid officer; CEO Matthew Calkins: $2,941,276
CEO (Matthew Calkins) pay percentile vs peers
14.4:1
CEO-to-median pay ratio
99.8%
Say-on-pay support, latest vote
Companies that benchmark against APPN
21 companies name APPN as a compensation peer

Each company listed discloses APPN 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 APPN 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
Srdjan Tanjga$448,864$423,000$8,000,000$0$0$0$13,571$8,885,435
Chief Financial Officer
Mark Dorsey650,00002,100,0000719,893031,5163,501,409
Chief Revenue Officer
Matthew Calkins1,150,00001,760,00000031,2762,941,276
Chief Executive Officer, President, Founder, and Chairman of the Board
Pavel Zamudio-Ramirez800,000168,375646,7380250,000040,8161,905,929
Chief Customer Officer
Mark Lynch437,500833,33300003631,271,196
Former Interim Chief Financial Officer
Robert Kramer850,0000353,70000023,2681,226,968
General Manager

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
Srdjan Tanjga$8,885,435
Mark Dorsey3,501,409
Matthew Calkins2,941,2761,150,2761,163,566+1,791,000
Pavel Zamudio-Ramirez1,905,9291,171,1571,082,478+734,772
Mark Lynch1,271,196587,811+683,385
Robert Kramer1,226,968900,265566,847+326,703

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
Pavel Zamudio-RamirezChief Customer Officer2026-05-05A15,848$0$0Derivative, Class A CommonForm 4 ↗
Pavel Zamudio-RamirezChief Customer Officer2026-05-05D2,93500Derivative, Class A CommonForm 4 ↗
Pavel Zamudio-RamirezChief Customer Officer2026-05-05A10,27200CommonForm 4 ↗
Pavel Zamudio-RamirezChief Customer Officer2026-05-05D7,33700Derivative, Class A CommonForm 4 ↗
Pavel Zamudio-RamirezChief Customer Officer2026-05-05D3,3142375,294CommonForm 4 ↗
Mark DorseyChief Revenue Officer2026-05-13A5,2201999,859CommonForm 4 ↗
Mark DorseyChief Revenue Officer2026-05-13A719134CommonForm 4 ↗
Matthew CalkinsDirector2026-06-08D50,000241,206,500CommonForm 4 ↗
Shirley A. EdwardsDirector2026-07-01A1,36400CommonForm 4 ↗
Carl Joseph Hartman IIDirector2026-07-01A1,36400CommonForm 4 ↗
Mark LynchDirector2026-07-01A1,36400CommonForm 4 ↗
David LinkDirector2026-07-01A1,36400CommonForm 4 ↗
Bobbie G. KilbergDirector2026-07-01A1,36400CommonForm 4 ↗
Matthew CalkinsDirector2026-07-07D37,51525923,244CommonForm 4 ↗
Matthew CalkinsDirector2026-07-07D12,48525312,999CommonForm 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
Mark DorseyPSU2025-08-2018,13218,13218,132$525,647
Mark DorseyPSU2025-02-1115,00015,00015,000500,100
Pavel Zamudio-RamirezPSU2025-05-0611,74011,74011,740360,066
Robert KramerPSU2025-03-183,7703,7703,770103,072
Srdjan TanjgaPSU2025-08-0554,38854,38854,3881,500,021
Pavel Zamudio-RamirezPSU2025-05-067,3377,3377,337225,026
Srdjan TanjgaPSU2025-08-05181,292181,292181,2925,000,033
Mark DorseyPSU2025-11-0438,06438,06438,0641,100,050
Matthew CalkinsPSU2025-06-2564,37564,37564,3751,760,013
Pavel Zamudio-RamirezPSU2025-03-182,2592,2592,25961,761
Robert KramerPSU2025-02-117,5007,5007,500250,050
Srdjan TanjgaPSU2025-04-1765,10865,10865,1081,500,088
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Mark Dorsey$0$2,125,797$0100.0%
Pavel Zamudio-Ramirez0646,8530100.0%
Robert Kramer0353,1220100.0%
Srdjan Tanjga08,000,1420100.0%
Matthew Calkins01,760,0130100.0%

% 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
Mark DorseyRSU15,000$531,300
Robert KramerRSU7,500265,650
Srdjan TanjgaRSU235,6808,347,786
Matthew CalkinsOption700,00050.63
Mark DorseyRSU38,0641,348,227
Mark DorseyRSU26,187927,544
Srdjan TanjgaRSU7,337259,877
Mark DorseyRSU18,132642,235
Srdjan TanjgaRSU11,740415,831
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation philosophy is driven by our objective to attract and retain exceptional individuals across the Company. We seek to reward those who take on additional responsibility, are innovative, and are making an impact in a way that incorporates our core values of Intensity and Excellence. These principles and people are the pillars of our organization. Our objective is to signal to these individuals they have a future at the Company and are valued.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingFalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-03321,617,550630,83142,33699.8%Passed
20252025-06-04322,017,599425,65441,36499.86%Passed
20242024-06-06309,720,6547,018,0151,486,67897.33%Passed
20232023-06-13311,554,31010,430,187101,47096.73%Passed
20222022-06-07337,408,290386,515106,07199.85%Passed
20212021-06-11332,180,2901,048,307165,13699.69%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
20262026-06-0399.8%a
20252025-06-0499.86%b
20242024-06-0697.33%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions have the same effect as an "Against" vote.”.

c. Approved under the standard stated in the filing — “Abstentions have the same effect as an "Against" vote.”.

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)14.4 : 1
CEO total compensation$2,941,276
Median employee compensation$204,319
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
A.G.W. Jack Biddle, IIIIndependent · Audit · Departed during FY$125,062$125,000$0$0$0$250,062
Carl Boe Hartman IIIndependent · Compensation125,062125,000000250,062
A.G.W. "Jack" Biddle IIIIndependent · Audit · Not standing for re-election125,062125,00000250,062
Carl "Boe" Hartman IIIndependent · Compensation125,062125,00000250,062
Barbara "Bobbie" KilbergIndependent · Audit · Compensation (Chair) · Nominating/Governance (Chair)125,062125,00000250,062
Barbara Bobbie KilbergIndependent · Audit · Compensation (Chair) · Nominating/Governance (Chair)125,062125,000000250,062
Shirley A. EdwardsIndependent · Audit (Chair)125,062125,00000250,062
William D. McCarthyIndependent · Compensation · Nominating/Governance · Not standing for re-election125,062125,00000250,062
Mark LynchIndependent71,13471,08500142,219
Matthew CalkinsEmployee director · Board Chair00000
Robert C. KramerEmployee director00000
David LinkIndependent · Audit · Partial-year service · Newly elected00000
Michael BeckleyEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$125,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,071,630
Equity awards (grant-date value)$1,071,085
All other compensation$0
Total cost of the board$2,142,715

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
1Appian Corp2025Matthew Calkins$1,150,000$1,760,000$0$0$2,941,276

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at Appian Corp in fiscal 2025?
The highest-paid executive at Appian Corp in fiscal 2025 was Srdjan Tanjga, Chief Financial Officer, with total compensation of $8,885,435.
How does Appian Corp's chief executive pay compare to its disclosed peer group?
The CEO pay percentile of disclosed peers is not disclosed in this extract.
What is Appian Corp's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio was 14.4:1.
How did shareholders vote on Appian Corp's executive compensation?
Shareholder support for the latest executive compensation vote was 99.8%.
How much does Appian Corp spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $2,142,715.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, Srdjan TanjgaDEF 14A2026-04-220001441683-26-000021Section “SUMMARY COMPENSATION TABLE” · page 31. As printed: 8,885,435. Filing ↗machine: r5 · c42 · span 424489–424498
2Section 01, Mark DorseyDEF 14A2026-04-220001441683-26-000021Section “SUMMARY COMPENSATION TABLE” · page 31. As printed: 3,501,409. Filing ↗machine: r13 · c42 · span 444463–444472
3Section 01, Matthew CalkinsDEF 14A2026-04-220001441683-26-000021Section “SUMMARY COMPENSATION TABLE” · page 31. As printed: 2,941,276. Filing ↗machine: r2 · c42 · span 416139–416148
4Section 01, Pavel Zamudio-RamirezDEF 14A2026-04-220001441683-26-000021Section “SUMMARY COMPENSATION TABLE” · page 31. As printed: 1,905,929. Filing ↗machine: r15 · c42 · span 447841–447850
5Section 01, Mark LynchDEF 14A2026-04-220001441683-26-000021Section “SUMMARY COMPENSATION TABLE” · page 31. As printed: 1,271,196. Filing ↗machine: r7 · c42 · span 428185–428194
6Section 01, Robert KramerDEF 14A2026-04-220001441683-26-000021Section “SUMMARY COMPENSATION TABLE” · page 31. As printed: 1,226,968. Filing ↗machine: t12 · r10 · c18 · span 436625–436634
7Section 03, Mark Dorsey PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t13 · r4 · c9 · span 470118–470125
8Section 03, Mark Dorsey PSUDEF 14A2026-04-220001441683-26-000021Section “GRANTS OF PLAN-BASED AWARDS FOR 2025” · grants of plan-based awards table. Filing ↗machine: t13 · r3 · c10 · span 468660–468667
9Section 03, Pavel Zamudio-Ramirez PSUDEF 14A2026-04-220001441683-26-000021Section “GRANTS OF PLAN-BASED AWARDS FOR 2025” · grants of plan-based awards table. Filing ↗machine: t13 · r11 · c10 · span 481799–481806
10Section 03, Robert Kramer PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t6 · r3 · c5 · span 283507–283514
11Section 03, Srdjan Tanjga PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t13 · r9 · c9 · span 478378–478387
12Section 03, Pavel Zamudio-Ramirez PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t13 · r12 · c9 · span 483508–483515
13Section 03, Srdjan Tanjga PSUDEF 14A2026-04-220001441683-26-000021Section “GRANTS OF PLAN-BASED AWARDS FOR 2025” · grants of plan-based awards table. Filing ↗machine: t13 · r8 · c10 · span 476919–476928
14Section 03, Mark Dorsey PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t13 · r5 · c9 · span 471579–471588
15Section 03, Matthew Calkins PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t6 · r2 · c2 · span 281918–281924
16Section 03, Pavel Zamudio-Ramirez PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t6 · r5 · c2 · span 285268–285273
17Section 03, Robert Kramer PSUDEF 14A2026-04-220001441683-26-000021Section “GRANTS OF PLAN-BASED AWARDS FOR 2025” · grants of plan-based awards table. Filing ↗machine: t13 · r6 · c10 · span 473535–473542
18Section 03, Srdjan Tanjga PSUDEF 14A2026-04-220001441683-26-000021Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t6 · r4 · c2 · span 284181–284187
19Section 07, pay ratioDEF 14A2026-04-220001441683-26-000021Section “CEO Pay Ratio”. As printed: 14.4 : 1. Filing ↗machine: span 594924–594942
20Section 08, A.G.W. Jack Biddle, IIIDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r7 · c8 · span 685113–685120
21Section 08, Carl Boe Hartman IIDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r3 · c8 · span 679120–679127
22Section 08, A.G.W. "Jack" Biddle IIIDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r7 · c8 · span 685113–685120
23Section 08, Carl "Boe" Hartman IIDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r3 · c8 · span 679120–679127
24Section 08, Barbara "Bobbie" KilbergDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r4 · c8 · span 680581–680588
25Section 08, Barbara Bobbie KilbergDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r4 · c8 · span 680581–680588
26Section 08, Shirley A. EdwardsDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r2 · c8 · span 677619–677626
27Section 08, William D. McCarthyDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 250,062. Filing ↗machine: t20 · r6 · c8 · span 683466–683473
28Section 08, Mark LynchDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 142,219. Filing ↗machine: t20 · r5 · c8 · span 682014–682021
29Section 08, Matthew CalkinsDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 0. Filing ↗
30Section 08, Robert C. KramerDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 0. Filing ↗
31Section 08, David LinkDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 0. Filing ↗
32Section 08, Michael BeckleyDEF 14A2026-04-220001441683-26-000021Section “Director Compensation”. As printed: 0. Filing ↗
33Section 02, Pavel Zamudio-Ramirez 2026-05-05Form 42026-05-070001913014-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Pavel Zamudio-Ramirez 2026-05-05Form 42026-05-070001913014-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Pavel Zamudio-Ramirez 2026-05-05Form 42026-05-070001913014-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Pavel Zamudio-Ramirez 2026-05-05Form 42026-05-070001913014-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Pavel Zamudio-Ramirez 2026-05-05Form 42026-05-070001913014-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Mark Dorsey 2026-05-13Form 42026-05-130002042934-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Mark Dorsey 2026-05-13Form 42026-05-130002042934-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Matthew Calkins 2026-06-08Form 42026-06-100001309192-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Shirley A. Edwards 2026-07-01Form 42026-07-020001958161-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Carl Joseph Hartman II 2026-07-01Form 42026-07-020002039916-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Mark Lynch 2026-07-01Form 42026-07-020001707384-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, David Link 2026-07-01Form 42026-07-020002109287-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Bobbie G. Kilberg 2026-07-01Form 42026-07-020001362638-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Matthew Calkins 2026-07-07Form 42026-07-080001309192-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Matthew Calkins 2026-07-07Form 42026-07-080001309192-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
48Section 06, 2026 voteForm 8-K2026-06-080001441683-26-000036Item 5.07 · say-on-pay result. As reported: 99.8% (votes for as printed: 321,617,550). Filing ↗
49Section 06, 2025 voteForm 8-K2025-06-050001441683-25-000046Item 5.07 · say-on-pay result. As reported: 99.86% (votes for as printed: 322,017,599). Filing ↗
50Section 06, 2024 voteForm 8-K2024-06-100001441683-24-000055Item 5.07 · say-on-pay result. As reported: 97.33% (votes for as printed: 309,720,654). Filing ↗
51Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
52Section 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
53Section 09b board cost (computed)ComputedcomputedCash 1,071,630 + equity 1,071,085 + all other 0 = 2,142,715, summed across the director compensation table rows.machine: formula: Σ = 2,142,715
54Appian Corp (subject), Section 10b CEO totalDEF 14A2026-04-220001441683-26-000021CEO total compensation as printed in Appian Corp's own proxy. As printed: 2,941,276. Filing ↗machine: r2 · c42 · span 416139–416148