von Blottnitz Andreas

Director von Blottnitz sells 20,000 APPF shares for $5.2M; retains 6,092 shares post-conversion.

Andreas von Blottnitz (Director) executed 2 separate sales totaling 20,000 shares for $5,213,897.48 on 2024-12-03, reducing his holdings from 26.1K to 6.1K shares (76.7% reduction). The sales occurred at blended average price of $260.69, just 0.3% below the 52-week high of $270.02, while the stock is up 24.6% over the prior 30 days and +20.8% over 90 days. A FLAG indicates this filing involves a derivative conversion (Form 4 Table II not yet populated), so the 6.1K post-transaction share count reflects only Table I holdings and does not represent the insider's total position—derivative securities may exist separately. Across his same-ticker history at APPF, 3 of 5 prior sells occurred within timeframes that showed negative 90-day returns, suggesting occasional alignment with subsequent declines, though recent sells in June and March 2024 showed mixed outcomes.

Director von Blottnitz sold 8,500 shares at $240.80 avg over 2 days; retains 5,449 shares post-conversion.

Andreas von Blottnitz, Director of AppFolio, executed 3 separate sales totaling 8,500 shares for $2,046,816.33 on June 26–27, 2024, at a blended average price of $240.80, reducing his stake from 13,949 to 5,449 shares (60.9% reduction). The filing is flagged as a derivative-conversion transaction, indicating these shares originated from a derivative position conversion rather than a discretionary open-market liquidation. His prior sales at APPF (4 trades on 2024-03-07) showed positive 90-day returns, meaning the stock subsequently rose after those sales; notably, 0 of those 4 prior sells were well-timed at the 90-day mark. The current price of $244.57 sits near the 52-week high ($249.87, only 2.1% below), and the stock has gained 6.0% over the past 30 days, suggesting recent momentum that post-dates the June transaction.