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[Form 4] Appian Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Rubrik, Inc. (RBRK) filed a Form 4 disclosing that director and 10% owner Ravi Mhatre sold 16,984 Class A common shares on 06/30/2025 at a weighted-average price of $89.47. The sale, executed through Lightspeed Management Company, L.L.C., generated approximately $1.52 million in gross proceeds. No other open-market transactions or derivative activities were reported in this filing.

After the transaction, Mhatre鈥檚 beneficial ownership is reported as follows:

  • 81,842 shares held directly
  • 396,874 shares held indirectly via Mhatre Investments LP 鈥� Fund 2
  • 75,499 shares held indirectly via Mhatre Investments LP 鈥� Fund 3
  • 649 shares held indirectly via the Mhatre 2011 Irrevocable Children鈥檚 Trust

In total, Mhatre retains approximately 554,864 shares of Rubrik Class A common stock following the sale, maintaining a substantial stake in the company. No shares remain under Lightspeed Management Company after the disposition. The filing contains the customary footnote affirming the weighted-average price range ($89.30-$89.69) and standard disclaimers regarding pecuniary interest.

Rubrik, Inc. (RBRK) ha presentato un Modulo 4 che rivela che il direttore e proprietario del 10% Ravi Mhatre ha venduto 16.984 azioni ordinarie di Classe A il 30/06/2025 ad un prezzo medio ponderato di 89,47 $. La vendita, effettuata tramite Lightspeed Management Company, L.L.C., ha generato circa 1,52 milioni di dollari di proventi lordi. Nessun'altra transazione sul mercato aperto o attivit脿 derivata 猫 stata segnalata in questo documento.

Dopo la transazione, la propriet脿 beneficiaria di Mhatre risulta come segue:

  • 81.842 azioni detenute direttamente
  • 396.874 azioni detenute indirettamente tramite Mhatre Investments LP 鈥� Fund 2
  • 75.499 azioni detenute indirettamente tramite Mhatre Investments LP 鈥� Fund 3
  • 649 azioni detenute indirettamente tramite il Mhatre 2011 Irrevocable Children鈥檚 Trust

In totale, Mhatre mantiene circa 554.864 azioni ordinarie di Classe A di Rubrik dopo la vendita, conservando una partecipazione significativa nella societ脿. Nessuna azione rimane sotto Lightspeed Management Company dopo la cessione. Il documento contiene la consueta nota a pi猫 di pagina che conferma l'intervallo di prezzo medio ponderato (89,30 $ - 89,69 $) e le dichiarazioni di non responsabilit脿 standard riguardanti l'interesse pecuniario.

Rubrik, Inc. (RBRK) present贸 un Formulario 4 revelando que el director y propietario del 10% Ravi Mhatre 惫别苍诲颈贸 16,984 acciones ordinarias Clase A el 30/06/2025 a un precio promedio ponderado de $89.47. La venta, realizada a trav茅s de Lightspeed Management Company, L.L.C., gener贸 aproximadamente $1.52 millones en ingresos brutos. No se reportaron otras transacciones en el mercado abierto ni actividades derivadas en esta presentaci贸n.

Despu茅s de la transacci贸n, la propiedad beneficiaria de Mhatre se informa de la siguiente manera:

  • 81,842 acciones mantenidas directamente
  • 396,874 acciones mantenidas indirectamente a trav茅s de Mhatre Investments LP 鈥� Fund 2
  • 75,499 acciones mantenidas indirectamente a trav茅s de Mhatre Investments LP 鈥� Fund 3
  • 649 acciones mantenidas indirectamente a trav茅s del Mhatre 2011 Irrevocable Children鈥檚 Trust

En total, Mhatre conserva aproximadamente 554,864 acciones de acciones ordinarias Clase A de Rubrik tras la venta, manteniendo una participaci贸n sustancial en la empresa. No quedan acciones bajo Lightspeed Management Company despu茅s de la disposici贸n. La presentaci贸n contiene la nota habitual que afirma el rango de precio promedio ponderado ($89.30-$89.69) y las exenciones de responsabilidad est谩ndar sobre el inter茅s pecuniario.

Rubrik, Inc. (RBRK)電� 鞚挫偓鞚挫瀽 10% 靻岇湢欤检澑 Ravi Mhatre臧� 2025雲� 6鞗� 30鞚检棎 16,984欤� 韥措灅鞀� A 氤错喌欤�毳� 臧�欷戫弶攴� 臧�瓴� $89.47鞐� 毵る弰頄堧嫟瓿� 鞁犼碃頃橂姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 鞚� 毵る弰電� Lightspeed Management Company, L.L.C.毳� 韱淀暣 鞚措（鞏挫鞙茧┌, 鞎� 1.52氚彪 雼煬鞚� 齑� 靾橃澋鞚� 彀届稖頄堨姷雼堧嫟. 鞚� 鞁犼碃靹滌棎電� 雼るジ 瓿店皽鞁滌灔 瓯半灅雮� 韺岇儩靸來拡 頇滊彊鞚� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.

瓯半灅 頉� Mhatre鞚� 鞁れ 靻岇湢 順勴櫓鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:

  • 81,842欤�毳� 歆侅爲 氤挫湢
  • 396,874欤�毳� Mhatre Investments LP 鈥� Fund 2毳� 韱淀暣 臧勳爲 氤挫湢
  • 75,499欤�毳� Mhatre Investments LP 鈥� Fund 3毳� 韱淀暣 臧勳爲 氤挫湢
  • 649欤�毳� Mhatre 2011 Irrevocable Children鈥檚 Trust毳� 韱淀暣 臧勳爲 氤挫湢

齑濏暕鞙茧 Mhatre電� 毵る弰 頉勳棎霃� Rubrik 韥措灅鞀� A 氤错喌欤� 鞎� 554,864欤�毳� 氤挫湢頃橂┌ 須岇偓鞐� 靸侂嫻頃� 歆�攵勳潉 鞙犾頃橁碃 鞛堨姷雼堧嫟. 毵る弰 頉� Lightspeed Management Company鞐愲姅 欤检嫕鞚� 雮晞 鞛堨 鞎婌姷雼堧嫟. 鞁犼碃靹滌棎電� 臧�欷戫弶攴� 臧�瓴� 氩旍渼($89.30-$89.69)鞕� 旮堨爠鞝� 鞚错暣甏�瓿勳棎 甏�頃� 鞚茧皹鞝侅澑 氅挫眳 臁绊暛鞚� 韽暔霅橃柎 鞛堨姷雼堧嫟.

Rubrik, Inc. (RBRK) a d茅pos茅 un formulaire 4 r茅v茅lant que le directeur et d茅tenteur de 10 % Ravi Mhatre a vendu 16 984 actions ordinaires de classe A le 30/06/2025 脿 un prix moyen pond茅r茅 de 89,47 $. La vente, r茅alis茅e par l'interm茅diaire de Lightspeed Management Company, L.L.C., a g茅n茅r茅 environ 1,52 million de dollars de produit brut. Aucune autre transaction sur le march茅 ouvert ou activit茅 d茅riv茅e n'a 茅t茅 signal茅e dans ce d茅p么t.

Apr猫s la transaction, la propri茅t茅 b茅n茅ficiaire de Mhatre est d茅clar茅e comme suit :

  • 81 842 actions 诲茅迟别苍耻别蝉 directement
  • 396 874 actions 诲茅迟别苍耻别蝉 indirectement via Mhatre Investments LP 鈥� Fund 2
  • 75 499 actions 诲茅迟别苍耻别蝉 indirectement via Mhatre Investments LP 鈥� Fund 3
  • 649 actions 诲茅迟别苍耻别蝉 indirectement via le Mhatre 2011 Irrevocable Children鈥檚 Trust

Au total, Mhatre conserve environ 554 864 actions ordinaires de classe A de Rubrik apr猫s la vente, maintenant ainsi une participation substantielle dans la soci茅t茅. Aucune action ne reste sous Lightspeed Management Company apr猫s la cession. Le d茅p么t contient la note habituelle confirmant la fourchette de prix moyen pond茅r茅 (89,30 $ - 89,69 $) ainsi que les clauses de non-responsabilit茅 standard concernant l'int茅r锚t p茅cuniaire.

Rubrik, Inc. (RBRK) reichte ein Formular 4 ein, das offenlegt, dass der Direktor und 10%-Eigent眉mer Ravi Mhatre am 30.06.2025 16.984 Class A Stammaktien zu einem gewichteten Durchschnittspreis von 89,47 $ verkauft hat. Der Verkauf, ausgef眉hrt 眉ber Lightspeed Management Company, L.L.C., erzielte einen Bruttoerl枚s von etwa 1,52 Millionen Dollar. In dieser Meldung wurden keine weiteren Transaktionen am offenen Markt oder derivative Aktivit盲ten gemeldet.

Nach der Transaktion wird der wirtschaftliche Besitz von Mhatre wie folgt angegeben:

  • 81.842 Aktien direkt gehalten
  • 396.874 Aktien indirekt gehalten 眉ber Mhatre Investments LP 鈥� Fund 2
  • 75.499 Aktien indirekt gehalten 眉ber Mhatre Investments LP 鈥� Fund 3
  • 649 Aktien indirekt gehalten 眉ber den Mhatre 2011 Irrevocable Children鈥檚 Trust

Insgesamt h盲lt Mhatre nach dem Verkauf etwa 554.864 Aktien der Rubrik Class A Stammaktien und beh盲lt damit eine bedeutende Beteiligung am Unternehmen. Nach der Ver盲u脽erung verbleiben keine Aktien unter Lightspeed Management Company. Die Meldung enth盲lt die 眉bliche Fu脽note, die die Preisspanne des gewichteten Durchschnittspreises ($89,30-$89,69) best盲tigt, sowie standardm盲脽ige Haftungsausschl眉sse bez眉glich finanzieller Interessen.

Positive
  • Insider retains a sizable position of about 554,864 shares, indicating continued alignment with shareholder interests despite the recent sale.
Negative
  • 16,984 shares were sold by a director and 10% owner, which may raise modest concerns about insider confidence.

Insights

TL;DR: Minor insider sale; ownership still large鈥攕ignal appears neutral.

Ravi Mhatre disposed of 16,984 shares (~$1.5 M) through an affiliated entity, reducing that vehicle鈥檚 position to zero. However, he continues to hold roughly 555 k shares across direct and indirect accounts, preserving significant economic exposure. Given the modest size relative to his remaining stake and the absence of other negative catalysts, I view the filing as neutral for near-term sentiment. Investors should monitor future filings for any acceleration in selling.

Rubrik, Inc. (RBRK) ha presentato un Modulo 4 che rivela che il direttore e proprietario del 10% Ravi Mhatre ha venduto 16.984 azioni ordinarie di Classe A il 30/06/2025 ad un prezzo medio ponderato di 89,47 $. La vendita, effettuata tramite Lightspeed Management Company, L.L.C., ha generato circa 1,52 milioni di dollari di proventi lordi. Nessun'altra transazione sul mercato aperto o attivit脿 derivata 猫 stata segnalata in questo documento.

Dopo la transazione, la propriet脿 beneficiaria di Mhatre risulta come segue:

  • 81.842 azioni detenute direttamente
  • 396.874 azioni detenute indirettamente tramite Mhatre Investments LP 鈥� Fund 2
  • 75.499 azioni detenute indirettamente tramite Mhatre Investments LP 鈥� Fund 3
  • 649 azioni detenute indirettamente tramite il Mhatre 2011 Irrevocable Children鈥檚 Trust

In totale, Mhatre mantiene circa 554.864 azioni ordinarie di Classe A di Rubrik dopo la vendita, conservando una partecipazione significativa nella societ脿. Nessuna azione rimane sotto Lightspeed Management Company dopo la cessione. Il documento contiene la consueta nota a pi猫 di pagina che conferma l'intervallo di prezzo medio ponderato (89,30 $ - 89,69 $) e le dichiarazioni di non responsabilit脿 standard riguardanti l'interesse pecuniario.

Rubrik, Inc. (RBRK) present贸 un Formulario 4 revelando que el director y propietario del 10% Ravi Mhatre 惫别苍诲颈贸 16,984 acciones ordinarias Clase A el 30/06/2025 a un precio promedio ponderado de $89.47. La venta, realizada a trav茅s de Lightspeed Management Company, L.L.C., gener贸 aproximadamente $1.52 millones en ingresos brutos. No se reportaron otras transacciones en el mercado abierto ni actividades derivadas en esta presentaci贸n.

Despu茅s de la transacci贸n, la propiedad beneficiaria de Mhatre se informa de la siguiente manera:

  • 81,842 acciones mantenidas directamente
  • 396,874 acciones mantenidas indirectamente a trav茅s de Mhatre Investments LP 鈥� Fund 2
  • 75,499 acciones mantenidas indirectamente a trav茅s de Mhatre Investments LP 鈥� Fund 3
  • 649 acciones mantenidas indirectamente a trav茅s del Mhatre 2011 Irrevocable Children鈥檚 Trust

En total, Mhatre conserva aproximadamente 554,864 acciones de acciones ordinarias Clase A de Rubrik tras la venta, manteniendo una participaci贸n sustancial en la empresa. No quedan acciones bajo Lightspeed Management Company despu茅s de la disposici贸n. La presentaci贸n contiene la nota habitual que afirma el rango de precio promedio ponderado ($89.30-$89.69) y las exenciones de responsabilidad est谩ndar sobre el inter茅s pecuniario.

Rubrik, Inc. (RBRK)電� 鞚挫偓鞚挫瀽 10% 靻岇湢欤检澑 Ravi Mhatre臧� 2025雲� 6鞗� 30鞚检棎 16,984欤� 韥措灅鞀� A 氤错喌欤�毳� 臧�欷戫弶攴� 臧�瓴� $89.47鞐� 毵る弰頄堧嫟瓿� 鞁犼碃頃橂姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 鞚� 毵る弰電� Lightspeed Management Company, L.L.C.毳� 韱淀暣 鞚措（鞏挫鞙茧┌, 鞎� 1.52氚彪 雼煬鞚� 齑� 靾橃澋鞚� 彀届稖頄堨姷雼堧嫟. 鞚� 鞁犼碃靹滌棎電� 雼るジ 瓿店皽鞁滌灔 瓯半灅雮� 韺岇儩靸來拡 頇滊彊鞚� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.

瓯半灅 頉� Mhatre鞚� 鞁れ 靻岇湢 順勴櫓鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:

  • 81,842欤�毳� 歆侅爲 氤挫湢
  • 396,874欤�毳� Mhatre Investments LP 鈥� Fund 2毳� 韱淀暣 臧勳爲 氤挫湢
  • 75,499欤�毳� Mhatre Investments LP 鈥� Fund 3毳� 韱淀暣 臧勳爲 氤挫湢
  • 649欤�毳� Mhatre 2011 Irrevocable Children鈥檚 Trust毳� 韱淀暣 臧勳爲 氤挫湢

齑濏暕鞙茧 Mhatre電� 毵る弰 頉勳棎霃� Rubrik 韥措灅鞀� A 氤错喌欤� 鞎� 554,864欤�毳� 氤挫湢頃橂┌ 須岇偓鞐� 靸侂嫻頃� 歆�攵勳潉 鞙犾頃橁碃 鞛堨姷雼堧嫟. 毵る弰 頉� Lightspeed Management Company鞐愲姅 欤检嫕鞚� 雮晞 鞛堨 鞎婌姷雼堧嫟. 鞁犼碃靹滌棎電� 臧�欷戫弶攴� 臧�瓴� 氩旍渼($89.30-$89.69)鞕� 旮堨爠鞝� 鞚错暣甏�瓿勳棎 甏�頃� 鞚茧皹鞝侅澑 氅挫眳 臁绊暛鞚� 韽暔霅橃柎 鞛堨姷雼堧嫟.

Rubrik, Inc. (RBRK) a d茅pos茅 un formulaire 4 r茅v茅lant que le directeur et d茅tenteur de 10 % Ravi Mhatre a vendu 16 984 actions ordinaires de classe A le 30/06/2025 脿 un prix moyen pond茅r茅 de 89,47 $. La vente, r茅alis茅e par l'interm茅diaire de Lightspeed Management Company, L.L.C., a g茅n茅r茅 environ 1,52 million de dollars de produit brut. Aucune autre transaction sur le march茅 ouvert ou activit茅 d茅riv茅e n'a 茅t茅 signal茅e dans ce d茅p么t.

Apr猫s la transaction, la propri茅t茅 b茅n茅ficiaire de Mhatre est d茅clar茅e comme suit :

  • 81 842 actions 诲茅迟别苍耻别蝉 directement
  • 396 874 actions 诲茅迟别苍耻别蝉 indirectement via Mhatre Investments LP 鈥� Fund 2
  • 75 499 actions 诲茅迟别苍耻别蝉 indirectement via Mhatre Investments LP 鈥� Fund 3
  • 649 actions 诲茅迟别苍耻别蝉 indirectement via le Mhatre 2011 Irrevocable Children鈥檚 Trust

Au total, Mhatre conserve environ 554 864 actions ordinaires de classe A de Rubrik apr猫s la vente, maintenant ainsi une participation substantielle dans la soci茅t茅. Aucune action ne reste sous Lightspeed Management Company apr猫s la cession. Le d茅p么t contient la note habituelle confirmant la fourchette de prix moyen pond茅r茅 (89,30 $ - 89,69 $) ainsi que les clauses de non-responsabilit茅 standard concernant l'int茅r锚t p茅cuniaire.

Rubrik, Inc. (RBRK) reichte ein Formular 4 ein, das offenlegt, dass der Direktor und 10%-Eigent眉mer Ravi Mhatre am 30.06.2025 16.984 Class A Stammaktien zu einem gewichteten Durchschnittspreis von 89,47 $ verkauft hat. Der Verkauf, ausgef眉hrt 眉ber Lightspeed Management Company, L.L.C., erzielte einen Bruttoerl枚s von etwa 1,52 Millionen Dollar. In dieser Meldung wurden keine weiteren Transaktionen am offenen Markt oder derivative Aktivit盲ten gemeldet.

Nach der Transaktion wird der wirtschaftliche Besitz von Mhatre wie folgt angegeben:

  • 81.842 Aktien direkt gehalten
  • 396.874 Aktien indirekt gehalten 眉ber Mhatre Investments LP 鈥� Fund 2
  • 75.499 Aktien indirekt gehalten 眉ber Mhatre Investments LP 鈥� Fund 3
  • 649 Aktien indirekt gehalten 眉ber den Mhatre 2011 Irrevocable Children鈥檚 Trust

Insgesamt h盲lt Mhatre nach dem Verkauf etwa 554.864 Aktien der Rubrik Class A Stammaktien und beh盲lt damit eine bedeutende Beteiligung am Unternehmen. Nach der Ver盲u脽erung verbleiben keine Aktien unter Lightspeed Management Company. Die Meldung enth盲lt die 眉bliche Fu脽note, die die Preisspanne des gewichteten Durchschnittspreises ($89,30-$89,69) best盲tigt, sowie standardm盲脽ige Haftungsausschl眉sse bez眉glich finanzieller Interessen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Abdiel Capital Advisors, LP
(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR
(Street)
NEW YORK NY 10016
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
APPIAN CORP [ APPN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/30/2025 S 21,156 D $29.92(1) 7,715,335 I By Abdiel Qualified Master Fund, LP(2)
Class A Common Stock 07/01/2025 S 100,315 D $30.24(3) 7,615,020 I By Abdiel Qualified Master Fund, LP(2)
Class A Common Stock 07/01/2025 S 375 D $30.15 7,614,645 I By Abdiel Partners, LLC(2)
Class A Common Stock 07/02/2025 S 84,876 D $30.29(4) 7,529,769 I By Abdiel Qualified Master Fund, LP(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Abdiel Capital Advisors, LP
(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR
(Street)
NEW YORK NY 10016
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Qualified Master Fund LP
(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR
(Street)
NEW YORK NY 10016
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Capital LP
(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR
(Street)
NEW YORK NY 10016
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Partners, LLC
(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR
(Street)
NEW YORK NY 10016
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Abdiel Capital Management, LLC
(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR
(Street)
NEW YORK NY 10016
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Moran Colin T.
(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR
(Street)
NEW YORK NY 10016
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.86 to $30.19. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. The share numbers in Column 5 represent the aggregated holdings of Abdiel Qualified Master Fund, LP ("AQMF"), Abdiel Capital, LP ("ACLP") and Abdiel Partners, LLC ("APLLC"). Abdiel Capital Advisors, LP serves as the investment manager of AQMF, ACLP and APLLC. Abdiel Capital Management, LLC is the general partner of AQMF and ACLP. Colin T. Moran is the managing member of Abdiel Capital Management, LLC and Abdiel Capital Partners, LLC, which is the general partner of Abdiel Capital Advisors, LP and the managing member of APLLC. By virtue of the foregoing relationships, Mr. Moran and Abdiel Capital Advisers LP may be deemed to beneficially own the securities held by AQMF, ACLP and APLLC, and Abdiel Capital Management LLC may be deemed to beneficially own the securities held by AQMF and ACLP. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.
3. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.59 to $30.79. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. The price reported for the Common Stock is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.84 to $30.65. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
By: /s/ Colin T. Moran as managing member of Abdiel Capital Partners, LLC, general partner of Abdiel Capital Advisors, LP 07/02/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC, general partner of Abdiel Qualified Master Fund, LP 07/02/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC, general partner of Abdiel Capital, LP 07/02/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Partners, LLC, managing member of Abdiel Partners, LLC 07/02/2025
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC 07/02/2025
By: /s/ Colin T. Moran, individually 07/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many Rubrik (RBRK) shares did Ravi Mhatre sell?

He sold 16,984 Class A shares on 06/30/2025.

What was the sale price of the RBRK shares?

The weighted-average sale price was $89.47, within a range of $89.30-$89.69.

How many Rubrik shares does Ravi Mhatre now own?

He beneficially owns about 554,864 shares (81,842 direct and 473,022 indirect).

Did the filing report any derivative transactions?

No, no derivative securities were acquired or disposed of in this Form 4.

What entity executed the share sale?

The sale was executed by Lightspeed Management Company, L.L.C., where Mhatre is a managing member.
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Appian

NASDAQ:APPN

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Software - Infrastructure
Services-prepackaged Software
United States
MCLEAN