The sale was non-discretionary and tied to tax withholding for vested restricted stock units, leaving Eaton with 17,087 shares.
AppFolio Inc. (NASDAQ:APPF) CFO Timothy Mathias Eaton sold 949 shares of Class A Common Stock on August 10, valued at $199.54 per share. The transaction was automatic to cover tax liabilities from vested performance-based and time-based restricted stock units.
The shares were part of eight award tranches granted between March 2023 and January 2026 under the company’s 2015 and 2025 Omnibus Incentive Plans. Eaton retains a direct holding of 17,087 shares, worth $3.41 million as of August 10.
AppFolio’s stock has underperformed, with a one-year total return of -30%, closing at $203.02 on August 11.