AppFolio General Counsel Evan Pickering Sells $101K+ in Company Stock

This Form 4 filing discloses that Evan Pickering, General Counsel of AppFolio Inc., sold 660 shares of Class A Common Stock on June 12, 2026, through four separate transactions. The sales were executed at weighted average prices ranging from $153.38 to $156.87 per share, totaling over $101,000. Following these transactions, Pickering's direct holdings decreased from 7,215 shares to 6,555 shares. The transactions were executed in multiple trades across different price ranges, with the reported prices representing weighted averages. The filing includes standard footnotes indicating the reporting person's undertaking to provide individual trade details upon request. This filing represents routine insider trading activity by a corporate officer exercising stock options or selling vested shares.