StockWatch
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Computer Software: Prepackaged Software
Management ChangeApr 10, 2026, 05:06 PM

AppFolio Amends CEO Employment Agreement, Sets Salary at $570K

AI Summary

AppFolio, Inc. has entered into a Second Amended and Restated Employment Agreement with William Shane Trigg, effective April 9, 2026. Under the new agreement, Trigg will continue to serve as Chief Executive Officer and President with an annual base salary of $570,000. He will also be eligible for an annual bonus with a target opportunity of 100% of his base salary, subject to Board approval. The agreement ensures Trigg's continued leadership and commitment to the company.

Key Highlights

  • CEO William Shane Trigg's annual base salary set at $570,000.
  • Eligible for an annual bonus with a target opportunity of 100% of Base Salary.
  • Executive will continue to serve as CEO and President, reporting to the Board.
  • Company will use best efforts to nominate Executive for re-election to the Board.