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Filing Details

Accession Number:: 0001415889-24-019062
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-07-02 20:56:16
Reporting Period:: 2024-06-28

Accepted Time:: 2024-07-02 20:56:16
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1433195	Appfolio Inc	APPF	()	1231

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
938333	J Maurice Duca	C/O Igsb, Inc. 1485 E. Valley Road, Suite H Santa Barbara CA 93108		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2024-06-28	1,600	$243.41	24,091	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-06-28	1,876	$244.27	22,215	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-06-28	800	$245.33	21,415	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-06-28	200	$246.63	21,215	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-06-28	322	$247.93	20,893	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-06-28	102	$249.27	20,791	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-06-28	300	$250.29	20,491	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-01	818	$242.08	19,673	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-01	1,382	$243.08	18,291	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-01	800	$244.37	17,491	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-02	95	$242.06	17,396	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-02	405	$243.64	16,991	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-02	600	$245.05	16,391	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-02	1,800	$246.38	14,591	No	4	S	Indirect	By Family Trust
Class A Common Stock	Disposition	2024-07-02	1,600	$247.14	12,991	No	4	S	Indirect	By Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust
No	4	S	Indirect	By Family Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	59,383	Direct
Class A Common Stock	142,857	Indirect	By IGSB Gaucho Fund I, LLC
Class A Common Stock	44,037	Indirect	By Pension Trust
Class A Common Stock	9,805	Indirect	By IGSB Cardinal Core BV, LLC

Footnotes

Sales made pursuant to a 10(b)5-1 trading plan previously adopted by the Reporting Person on March 15, 2024.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.94 to $243.89, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.98 to $244.81, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $245.02 to $245.66, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $246.43 to $246.69, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $247.71 to $248.42, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $248.89 to $249.38, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $250.01 to $250.44, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.68 to $242.55, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.74 to $243.60, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $244.14 to $244.86, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.92 to $242.26, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.16 to $243.79, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $244.74 to $245.55, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $245.80 to $246.72, inclusive. The Reporting Person undertakes 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.
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $246.92 to $247.48, inclusive. The Reporting Person undertakes 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.
These shares of Class A Common Stock ("Class A Shares") are owned by IGSB Gaucho Fund I, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares. However, the Reporting Person disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
These Class A Shares are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class A Shares. However, the Reporting Person does not possess any pecuniary interest in these Class A Shares.
These Class A Shares are owned by IGSB Cardinal Core BV, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares, but he disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.